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Why gas price matters. ... 2020: $2.17. 2021: $3.01. 2022: $3.95. 2023: ... Why are gas prices going up in 2024? It is normal for gas prices to fluctuate throughout the year. They tend to be lower ...
Gas prices peaked in June 2022 at $5.058 nationally, so relatively speaking, that $3.601 looks pretty good. But still, it's higher than it was earlier this year, when gas was as low as $3.221 in ...
Though gas prices going up is just an expected reality these days, U.S. retail gas prices were down from 2022 to 2023. Overall, prices were $0.43 less in 2023 than in 2022 on average. Reasons for ...
Still, that would be below the peak of $3.88 a gallon last year – a peak that didn’t occur until September. “I’m not looking for a spike in gas prices,” Lipow said. Why gas prices have ...
Future gas prices depend on a number of factors that aren’t easy to predict, but as a benchmark, the U.S. Energy Information Administration released predictions for lower gas prices, averaging ...
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The COVID year of 2020 was a bloodbath for the energy industry, with so much overproduction that oil prices briefly fell below zero because there was no more room for storage. More than 600 energy ...
Why are gas prices so high, and when will gas prices go back down? Oil prices are just one factor, and consumers could face more record prices at the pump.