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Gas Prices Are Predicted To Slip Below $3 Per Gallon in 2022

2021-12-09 31 Dailymotion

Gas Prices <br />Are Predicted <br />To Slip Below, $3 Per Gallon <br />in 2022.<br />The U.S. Energy and Information Administration (EIA) released the projection on Dec. 8.<br />The agency predicts <br />that prices will <br />average $3.13 for <br />the month of Dec..<br />before falling to $3.01 in January.<br />It predicts the average price per gallon<br /> for gas in 2022 will be $2.88.<br />The projections are released as gas prices hit their highest levels this past Nov. since Sep., 2014.<br />The average price per gallon for 2021 is expected to be $3.00.<br />While the average price this past week was $3.34 per gallon, .<br />the number represented a slight slide of just over five cents from the prior week.<br />The EIA was adamant <br />that the projections could <br />change given the fluid <br />nature of the pandemic.<br />which has greatly affected energy consumption across the globe.<br />This is a very complicated environment for the entire <br />energy sector. , Steve Nalley, EIA Acting Administrator, <br />'USA Today'.<br />Our forecasts for petroleum and other energy prices, consumption, and production could <br />change significantly ... , Steve Nalley, EIA Acting Administrator, <br />'USA Today'.<br />... as we learn more about how responses to the Omicron variant could affect oil demand and the broader economy, Steve Nalley, EIA Acting Administrator, <br />'USA Today'.<br />Crude oil production in the U.S. is expected to increase in 2022

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