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 […]

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