Gas Prices Expected To Dip Below $3
Weirdly, there’s one name not mentioned anywhere in this NBC News article
Average nationwide gas prices will dip below $3 per gallon this year, GasBuddy projects
For the first time since 2020, the annual average price of gas is projected to fall below $3 a gallon in 2026, the price-tracking group GasBuddy said in a new report Tuesday.
At $2.97, GasBuddy’s projected average for the year is 13 cents below the average price per gallon nationwide in 2025, which was $3.10.
“The world has spent years recovering from the economic whiplash of the pandemic and the shock of Russia’s invasion of Ukraine, but the situation has been improving quietly since 2022,” Patrick De Haan, GasBuddy’s head of petroleum analysis, said in a statement.
GasBuddy calculated the average by determining a monthly price range, averaging that and then taking the average of all 12 months. Full results were included in the group’s 2026 fuel price outlook report.
The last year that average annual gas prices nationwide were as low as GasBuddy projects for this year was 2020, when the Covid pandemic kept millions of Americans working from home and schools largely virtual.
It was $2.17 in 2020. $3.03 in 2021, $3.98 in 2022, $3.54 in 2023, $3.32 in 2024, $3.13 in 2024. Thanks to COVID and the policies of Biden and his Democrat Comrades it spiked hard and then was slow to come down. Now it’s up to Trump to set the conditions to get more drilling going and get the refineries working.
The events unfolding in Venezuela won’t immediately change anything for consumers at the pump, however.
“A lot of Americans may think there’s going to be some sort of overnight or even weekly or monthly improvement in Venezuela’s oil output, but this is really a clock that’s going to tick much slower,” De Haan told NBC News.
“Gas prices almost always start going up in the spring,” he added. “What’s happening in Venezuela is not going to stop that seasonal trend.”
Well, they sure went up quickly, but, yeah, harder to bring down, just like most goods.
Source: https://www.thepiratescove.us/2026/01/07/gas-prices-expected-to-dip-below-3/
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