 Home > Chemicals Industry > Petrochemical News > EIA raised its forecast for U.S. gasoline prices this year and next

EIA raised its forecast for U.S. gasoline prices this year and next

 Last Update: 2023-01-08
 Source: Internet
 Author: User

Tags

short term incentive

short

Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

According to Dow Jones on August 10, in its monthly "Short-term Energy Outlook", the U.
S.
Energy Information Administration (EIA) raised its forecast for the national average gasoline price in 2022 and 2023, saying that it now expects the average gasoline price of $4.
07/gallon in 2022, compared with $4.
05/gallon last month, and expects the average gasoline price in 2023 to be $3.
59/gallon, compared with last
month's forecast of $3.
57/gallon.
With gasoline prices falling sharply over the past eight weeks, the upward revision of gasoline prices seems somewhat abnormal
.
But the EIA is still catching up with low expectations at the start of the year, when the agency did not anticipate a record price spike in April, May and early June, with the national average gasoline price soaring to an all-time high of $5.
02 a gallon on June 14
.

This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

Related Products

Xanthan Gum 80 mesh oil drilling grade CAS 11138-66-2

CAS No.: 11138-66-2

Industrial Grade

$2000-2300/MT FOB

UCOME helpful for environment 96.5% liquid Z1618 JINGU

CAS No.: 627-91-8

Industrial Grade

$1000-1050/MT FOB

UCOME Fatty acid methyl ester bio fuel to reduce CO2 96.5% liquid Z1618 JINGU

CAS No.: 627-91-8

Industrial Grade

$1000-1050/MT FOB

Hot Tags

united states jobs(223)

jobs united states(236)

1 year treasury(277)

1 year subscription(296)

single use technology(195)

announcements today(81)

ups united states(221)

united states logo(227)

80 20 company(94)

healthy food name(42)

Hot Articles

The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.