Web1 day ago · The U.S. Energy Information Administration (EIA) again slashed its outlook for domestic natural gas prices as oversupply and weak demand continue to pressure the sector. For crude the news was better: the EIA-revised forecast bumped WTI crude price up by $2.14/bbl after OPEC’s decision to cut oil production from May through the end of 2024 … WebDec 27, 2024 · In December 2024, before Russia amassed troops at Ukraine’s border, GasBuddy projected the national average for gas would be $3.41 a gallon in 2024. That proved to be optimistic as prices...
Exclusive: $4 gas could return as soon as May, …
WebApr 11, 2024 · The EIA's Short-Term Energy Outlook (STEO) predicts natural gas prices will climb above $3 in 3Q2024 due to increased demand and flat production. WebFeb 23, 2024 · Gasoline price forecast 2024. The EIA’s gasoline price forecast for 2024 saw the fuel retail price averaging $3.51/gal in 2024, down from $3.99/gal in 2024 as inventories build up, limiting upward pressure on prices, according to the agency’s short-term energy … gayle whittle
Analysis & Projections - U.S. Energy Information Administration (EIA)
WebSep 12, 2024 · However, historical trends aren’t the only reason to believe that fuel costs will continue to recede throughout 2024. The U.S. Energy Information Administration (EIA) predicts that retail gasoline prices will average $3.60 in the fourth quarter of 2024 — a $0.15 decline from today — before rising ever so slightly to $3.61 per gallon in 2024. Web1 day ago · Asian spot liquefied natural gas (LNG) prices this week slipped to a 22-month low amid slow demand from Japan, China and South Korea. The average LNG price for May delivery into northeast Asia was ... WebGasoline futures rose past $2.8 per gallon, the highest in ten weeks, boosted by higher demand and rising oil prices. According to new data from the Energy Information Administration (EIA), gas demand increased from 9.145 million to 9.295 million b/d last week, the highest since Christmas time. gayle williams byers south euclid