U.S. Gasoline Prices Haven’t Peaked Just Yet
Published
U.S. gas prices could rise to almost $3.80 per gallon before peaking, according to new data from GasBuddy reported exclusively by CNN. According to the forecast data, the national average would rise to $3.41 per gallon in 2022, up from this year's average of $3.02 per gallon. The peak could come in May 2022, at $3.79 per gallon. That's considerably higher than what the federal government projects for prices at the pump. Earlier this month, the Energy Information Administration forecast in its Short-Term Energy Outlook that the average retail price…
Full Article