Torie Alameda

Will Gas Prices Go Down In 2024 In Usa. If gas prices follow the normal seasonal cycle in 2024, pump prices will follow a gently sloping arc from january through december. Gasoline prices are expected to average around $3.40 a gallon in 2024 and $3.20 in 2025, compared with around $3.50 in 2023, according to the eia's short term energy.

We expect global inventory withdrawals in the second quarter of. The increase in oil prices is influenced by various factors, including production levels both in the us and internationally, as well as geopolitics.