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According to Gasbuddy's 2025 Fuel Price Outlook, the projected total U.S. gasoline spending will reach $410.8 billion, an 8% decline from the $423.1 billion Americans spent in 2024.
De Haan said a full-blown trade war would likely dent demand for fuel, driving prices lower. “If we saw $1.99 gas,” he said, “it would be because of an economic calamity, not something ...
The Energy Information Administration forecasts that drivers will pay an average of $3.20 per gallon in 2025, about $0.10 lower than in 2024. The price-per-gallon is displayed electronically on a ...
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.
As less fuel is consumed, a smaller cost component is susceptible to fluctuations in fuel prices. The value of this risk reduction can be calculated using the Tuominen-Seppänen method [ 3 ] and its value has been shown to be approximately 10 % compared to direct cost savings for a typical energy efficient building.
The annual World Energy Outlook (WEO) is the International Energy Agency's (IEA) flagship publication on global energy projections and analysis. [1] It contains medium to long-term energy market projections, extensive statistics, analysis and advice for both governments and the energy business regarding energy security, environmental protection and economic development.
Price for a regular gallon of gas, January 2025: $2.73. Price for a regular gallon of gas, January 2024: $2.62. Percent change in gas price over one year: 4.1%. Mean commute time in minutes: 23.5.
Gas prices tick lower. From AAA : "Like a glacier grinding its way to the sea, the national average for a gallon of gas is closing in on the $3 mark, shedding three cents since last week to $3.03.