GasBuddy projects high prices for new year, drop by end of 2022

[Sherman A1]

WASHINGTON (TND) — Motorists should expect to see gas prices continue to rise, at least during the first half of the new year.

On Wednesday, GasBuddy released its Fuel Price Outlook for 2022, projecting the yearly national average for a gallon of gas will be $3.41. They predict the average household will pay $2,341 for gas during the year, up from 2021's average of $1,977.

“Supply and demand: those are the fundamentals that direct the price of oil and I think the imbalances brought on by COVID-19 that we’ve seen push prices up so far this year are going to continue to play a role next year," GasBuddy's head petroleum analyst Patrick De Haan said.

The outlook lays out the highest daily averages for major cities. They range from $3.50 to $3.75 in Houston to $5.25 to $5.65 in San Francisco.

https://krcgtv.com/news/nation-world/gasbuddy-projects-high-prices-for-new-year-drop-by-end-of-2022

[Mad_Machine76]

1. Even thought gas prices seem to be falling (now)?

[Tickle]

2. Whose gas prices are dropping? Nt

[Mad_Machine76]

3. $2.64-$2.95 (Indianapolis)

[Tickle]

4. I would

be happy with your high price lol

[Mad_Machine76]

5. It is better than it was

[WHITT]

8. Lots Of Peoples

$2.57 @ Columbus.

[Mysterian]

6. Paid $2.89 yesterday in WV

Not complaining.

[global1]

7. You Know The Cable News Services Are Predicting The Repugs Will Take The House In Nov '22....

and now we see that the gas prices will drop by the end of the year.

Guess what's happening folks?

The oil companies are going to keep the prices high through the election - so the Repugs can blame high gas prices on the Dems and Biden.

Then if/when the Repugs take over the House - the prices will drop.

The Repugs will say - see - it's because of them that the gas prices are dropping. They'll campaign on that in 2024. You should vote for our Repug presidential nominee in 2024.

[WHITT]

9. There's No Basis

for gas prices to rise.

[Ron Green]

10. None of this matters

until it’s high enough to change behavior.

People are still sitting at the curb with engines idling for long periods of time. People are still commuting long distances, alone, to and from work. People are still taking a car or truck to errands less than a mile away. People are still buying large SUVs and pickups with little or need for their capacity.

Meanwhile, we’re basing electoral success on whether gas is too high or too low at 3 dollars a gallon.

Really, this is some stupid shit.