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How low will gas prices go in January?
New York (CNN Business) Prices at the pump have finally started to creep lower, and that trend should significantly accelerate in the coming months, according to new government forecasts. The US Energy Information Administration said Tuesday the national average for regular gasoline will probably drop to $3.01 a gallon in January.
How much has the average price of a gallon of gas dropped?
Read more Since Monday, the national average for a gallon of regular gasoline has decreased by a penny to $3.39. According to new data from the Energy Information Administration (EIA), total domestic gasoline stocks declined slightly by 600,000 bbl to 211.4 million bbl last week.
Are gas prices headed up?
The news everybody already seems to know is that gas prices are headed up. This weekend, the national average price for a gallon of gasoline went above $4 a gallon in the U.S for only the second time ever. The last time this happened was in 2008. In some parts of the country, $4 would be a substantial discount.
How much are gas prices going up in Washington DC?
WASHINGTON, D.C. 鈥?Gas prices continue to increase, with the national average up nine cents on the week to $2.72. That is a 30 cent increase from the beginning of February, 28 cents more than a year ago and the most expensive daily national average鈥?/div>AAA Gas Prices