What to expect for gas prices in 2025
CNN
More good news is coming to inflation-weary drivers: Gas prices are expected to drop in 2025 for the third straight year, according to GasBuddy projections shared exclusively with CNN.
More good news is coming to inflation-weary drivers: Gas prices are expected to drop in 2025 for the third straight year, according to GasBuddy projections shared exclusively with CNN. GasBuddy, which has accurately forecasted gas prices the past several years, expects the national average for regular gas to fall to $3.22 a gallon next year. That would mark a modest decline from about $3.33 in 2024 and mark the lowest annual average since 2021. The forecast for muted prices at the pump is a far cry from the spike above $5 a gallon nationally in mid-2022, an unprecedented surge that rocked the American economy, crushed consumers and became the epicenter of the inflation crisis. Based on the new forecast, GasBuddy expects Americans will spend about $115 billion less on fuel in 2025 than they did in 2022. “2025 looks to continue the trend of slow-but-steady improvement at the pump,” Patrick De Haan, GasBuddy’s head of petroleum analysis, told CNN in a phone interview.
