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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 expects prices at the pump to average $3.20 per gallon next year, about $0.10 lower than in 2024. Ines Ferre is a senior business reporter for Yahoo Finance ...
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The Benefits of Full Employment: When Markets Work for People. Washington, DC: Economic Policy Institute. ISBN 978-1-932-06604-3. OCLC 52467815. Baker, Dean (2006). The Conservative Nanny State How the Wealthy Use the Government to Stay Rich and Get Richer (Free e-book). Washington, DC: Center for Economic and Policy Research.
Energy stocks have outperformed the broader market to start the year, kicking off 2025 with gains as oil and natural gas prices have edged higher. The S&P 500 Energy Sector (XLE) is up 2.8% year ...
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A drop in oil production in the wake of the Iranian revolution led to an energy crisis in 1979. Although the global oil supply only decreased by approximately four percent, [2] the oil markets' reaction raised the price of crude oil drastically over the next 12 months, more than doubling it to $39.50 per barrel ($248/m 3).