Will Gas Prices Go Down In 2024 In Usa. Energy information administration's (eia) forecast for average annual prices for 2024 and. A gallon of regular gasoline in august was down nearly 12 percent from a year earlier, reflecting a fall in oil prices as well as a decline in demand.
Energy information administration’s (eia) forecast for average annual prices for 2024 and. 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.