Will Gas Prices Go Down In 2024. 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 compare this scenario with our baseline case,.
Analysts told cnn that this trend of lower gas prices is likely to continue, despite the shift in strategy from opec+. Retail gasoline prices to decrease in 2024 because of increased inventories related to increased.
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