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Prediction for Average Gas Prices in 2023. The current outlook is that gas prices will fall over the next couple of months but start ticking back up in February. So, what does that mean for the ...
Gasoline prices could hit below $3 per gallon, on average nationally, by the end of the year. ... compared to $3.53 in 2023. The EIA also expects gasoline demand to fall by 1% in 2024, which would ...
Although the EIA’s initial predictions for fuel prices in 2023 and 2024 may provide some comfort, reality has proven more nuanced so far. The cost of gas is influenced by production, demand and ...
November 15, 2023 at 8:30 AM. ... There are risks to the gasoline price forecast. Notably, the economy could grow at a more brisk pace than expected.
Gas prices have been on a downward trend recently, with the national average at $3.40 per gallon, according to AAA.. The EIA forecasts the average for 2023 to come in at $3.55 per gallon, compared ...
November 15, 2023 at 6:50 PM. ... Since then, gas prices have dropped one dollar to $4.73 per gallon on Tuesday. Because GasBuddy’s data is based off of user-reported prices, it can vary from ...
Energy prices are also viewed as rising more slowly than in 2023. A week ago, the average price for a gallon of regular gasoline in California was $5.88. Friday, it was $5.67, and a year ago, it ...
Average gas prices by month from 2013 to 2023. January: $2.77. February: $2.83. March: $2.98. April: $3.02. ... Predictions on the overall cost of gas for 2024 change regularly, in part because of ...