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While presidential candidates like Donald Trump often cite a desire to reduce gas prices, the truth is that the U.S. president doesn't have a ton of control over them.... What Gas Prices Could ...
Gas prices tick up. From AAA: "Amid the threat of tariffs, the national average for a gallon of gas ticked up two cents from last week to $3.13. According to new data from the Energy Information ...
On a "core" basis, which strips out the more volatile costs of food and gas, prices in January climbed 0.4% over the prior month — higher than December's 0.2% monthly gain and the largest ...
Gasoline prices have seen their biggest weekly decline of the year, but a spike at the pump could still come later this summer. On Tuesday, the national average for gasoline stood at $3.52 per ...
Natural gas prices in Europe reached their highest point in September 2022 at a multiple of roughly 25 compared to two years prior. While gas prices are currently falling quickly on the spot market, the cost to distribute gas in the coming year will still be close to €150 per MWh, or a multiple of about seven. [93] [95] [96]
Gas prices within the last 10 years highlight how volatile the market can be. When looking at historical data, gas prices were the same in 2011 as they were in 2023 — $3.52 per gallon.
How low can gasoline prices go?
Short-term prices are impacted the most by the weather. [15] Demand due to heating in the winter and cooling in the summer are the main drivers for seasonal price spikes. [16] Additional natural-gas fired capacity is driving down the price of electricity and increasing demand.