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Gasoline to fall below $2 a gallon, government projects

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Gasoline prices nationally are expected to fall below $2 a gallon before the year ends, the Energy Information Administration reports in its latest short-term energy outlook.

You will need to check out the interactive chart to see the gasoline price projections. The EIA report also says:

"U.S. regular gasoline retail prices this summer (April through September) are forecast to average $2.19/gallon (gal), 6 cents/gal lower than forecast in last month's STEO and 44 cents/gal lower than last summer.

"U.S. regular gasoline retail prices are forecast to average $2.06/gal in 2016 and $2.26/gal in 2017.

Read the full report here.


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