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The Energy Information Administration forecasts gasoline will average $3.36 next year, compared to $3.53 in 2023. The EIA also expects gasoline demand to fall by 1% in 2024, which would translate ...
Average gas prices by month from 2013 to 2023. January: $2.77. February: $2.83. March: $2.98. April: $3.02. ... Why are gas prices going up in 2024? It is normal for gas prices to fluctuate ...
The agency expects the price to rise to an average of $3.60 in 2024. “Our forecast that retail gasoline prices will rise in 2024 primarily reflects a higher Brent crude oil price. We expect ...
Gas prices tick lower.From AAA: "At the pump, the national average for a gallon of gas dropped two cents since last week to $3.06 – matching the January 2024 low.There are now 28 states with ...
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. ... The 15 best subscription gifts of 2024, no ...
Oil rose for the first week of 2024 due to the Israel-Hamas War threatening to become a larger conflict, and positive U.S. economic news. Brent finished at $78.76 and WTI at $73.81. [ 49 ] Continuing Houthi attacks disrupted oil trading and increased costs, driving up oil prices.
The data showed gasoline prices down 10% from a year-ago, the largest annual decline since July 2023. Gasoline prices, as measured by the Consumer Price Index, have not grown since April.
Gasoline prices have seen their biggest weekly decline of the year, but a spike at the pump could still come later this summer. On Tuesday, the national average for gasoline stood at $3.52 per ...