Chelsea Thomas

Chelsea Thomas

Huge lover of all things coffee, cheese, animals and music. Read More

 

Government Projections Say Gas Prices Will Fall Below $3 Per Gallon in 2022


According to USA Today:

Across the country, Americans may see lower gas prices at the pump in 2022.
On Tuesday, the U.S. Energy and Information Administration projected that retail gasoline prices would average $3.13 per gallon in December before falling to $3.01 per gallon in January.
The EIA expects prices to continue to drop, forecasting the annual, national average to be $2.88 per gallon in 2022.
To put the incoming estimates into perspective, according to the EIA:
November U.S. retail gasoline prices were the highest seen since September 2014.
At an average of $3.39 per gallon in November, prices at the pump increased by 10 cents per gallon since October and $1.29 per gallon since November 2020.
The annual average for 2020 was $2.18 per gallon, in comparison to $2.60 per gallon in 2019 and a projected average of $3.00 for 2021.

More info HERE!


Sponsored Content

Sponsored Content