U.S. Retail Gasoline Prices to Decrease in 2025 & 2026 with Lower Crude Oil Price
Credit to Author: US Energy Information Administration| Date: Thu, 23 Jan 2025 04:30:10 +0000
In our January Short-Term Energy Outlook, we now forecast U.S. retail gasoline prices through the end of 2026. We estimate U.S. average gasoline prices in 2025 will decrease by 11 cents per gallon (gal), or about 3%, compared with 2024. In 2026, we forecast a further decrease of about 18 cents/gal, … [continued]
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