Episode Details
Back to EpisodesGas Prices May Drop Soon, Relief in Sight
Description
Gas prices may soon see a drop, thanks to a recent ceasefire in the Middle East. GasBuddy analyst Patrick De Haan predicts national averages could start falling in 48 hours, potentially dipping below four dollars a gallon in one to two weeks. Diesel could follow suit, sliding under five dollars in six to eight weeks. However, this forecast contradicts the Energy Information Administrations prediction of persistently high gas prices through 2027. If tensions continue to ease, drivers could soon experience relief at the pump.
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