EIA Expects Summer U.S. Real Gasoline and Diesel Prices to Be the Highest Since 2014

Source: U.S. Energy Information Administration, Short-Term Energy Outlook (STEO) In our Summer Fuels Outlook, a supplement to our April 2022 Short-Term Energy Outlook, we expect retail gasoline prices to average $3.84 per gallon (gal) this summer driving season, April through September, compared with last summer’s average price of $3.06/gal. After adjusting for inflation, this summer’s forecast national […]

Week in Review – March 18, 2022

This week headlines included Russia-Ukraine talks driving prices down at the beginning of the week, oil falling below $100 and what that means for gas, where Russian sanctions are hurting most, and the Fed approving an interest rate hike. Since the invasion, Russia has already agreed to allow safe zones for Ukrainian citizens; however, the […]

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