Right before Christmas, the U.S. average for a gallon of gas dropped south of $2 for the first time in close to seven years, showing just how far pump prices have fallen in most regions of the country. More than half of all states are below the $2 milestone, based on GasBuddy.com data, and two-thirds of gas stations across America are selling regular gas for $1.99 a gallon or less.
Road-trippers can expect more savings to come. The U.S. Energy Information Administration believes retail prices are on pace to average $2.43 a gallon this year and will slip a little further to an annual average of $2.36 in 2016, which is a buck less than the average price of gas in 2014.
Diesel is also poised for another year of cheaper prices, as the EIA’s outlook calls for a 2016 average of $2.67, or about four cents below the current year.
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Cheaper until lawmakers raise the tax then it will never come down again.
ReplyDeleteI'm no obama fan, but I remember when gas was close to $4 a gallon. obama was the reincarnation of satan (ok, maybe he IS...)) and all conservatives blamed him personally for those prices.
ReplyDeleteIn the spirit of fairness, where are his accolades and praise?
Just sayin'......
lmclain, NO WAY! The Liberals were on here left and right stating the President has NOTHING to do with the price of gas. Can't have it both ways.
ReplyDeleteThe government will see this is an opportunity to TAX just watch
ReplyDeleteIt's an election year. This happens all the time. They want us to think they are actually improving our way of life. After the election watch out.
ReplyDeleteYou got that right.
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