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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.
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.
US drivers could see lower gas prices this year and next as oil supply outpaces demand. ... an average of $74 per barrel in 2025 and 11% to $66 per barrel next year as the global oil glut expands ...
Oil prices are set to drop in 2025, putting gasoline prices on track for a third-straight annual decline. ... Trump might get an early economic win with gas prices expected to drop in 2025.
American said it expects an adjusted loss per share between $0.20 and $0.40, based on demand trends and the fuel price forecast. ... It's bullish on the outlook for 2025 too.
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Recession fears for 2025 are fading fast, with market models and economist forecasts signaling a slim chance of economic contraction. ... as well as pro-business policies that could fuel spending ...
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 ...