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More good news is coming to inflation-weary drivers: Gas prices are expected to drop in 2025 for the third straight year, according to GasBuddy projections shared exclusively with CNN.
The cost of gasoline has gone up over the past 30 or so years, with only a few instances of it dropping in price. Currently, the national cost of regular gasoline is $3.47 on average, according to ...
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The largest component of the average price of $2.80/gallon of regular grade gasoline in the United States from 2012 through 2021, representing 54.8% of the price of gas, was the price of crude oil. The second largest component during the same period was taxes—federal and state taxes representing 17% of the price of gas.
Nationally, the average gas price was $$3.101 a gallon as of Nov. 4, 2024, according to AAA. That was down from $3.216 a month ago and $3.494 a year ago. Some experts predict prices will continue ...
Oil and gas are on track to end the year in negative territory. But in 2025, keep an eye out on natural gas as electricity demand rises. ... Natural gas prices are down 13% year to date, largely ...
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The average American is paying $3.45 per gallon at the gas pump -- a price nowhere near the historic $5 or more experienced last summer, but not far removed enough to feel comfortable. The...