Gas Prices In 2024. Gasoline prices are expected to average around $3.40 a gallon in 2024 and $3.20 in 2025, compared with around $3.50 in 2023, according to the eia's short term energy. 93 rows trading economics provides data for 20 million economic indicators.
These charts track the prices consumers are paying for groceries and other goods now compared to the cost five years ago, as inflation lingers. By extrapolating recent historical examples to the rest of 2024, we model the effects on retail gasoline prices and consumption heading into the summer driving season.