Pain at the pump will get worse before it gets better. That's according to a new GasBuddy forecast that predicts the national average will rise to $3.41 a gallon in 2022, up from $3.02 a gallon this year
That's according to a new GasBuddy forecast that predicts the national average will rise to $3.41 a gallon in 2022, up from $3.02 a gallon this year.That would reverse some of the recent relief American drivers have received as gas prices have slowly backed away from seven-year highs.Texas refinery blast could help push gas prices above $4 a gallonThe GasBuddy forecast, shared exclusively with CNN, projects prices at the pump will peak nationally at a monthly average of $3.
De Haan, the GasBuddy analyst, said the demise of multiple refineries has contributed to the higher price outlook."There is less breathing room as a result of those refinery shutdowns," he said.'Anything could change'The good news is GasBuddy does not anticipate the spring surge in gas prices will last.The forecast calls for gas prices to stay elevated at $3.78 a gallon in June and $3.57 in July but then falling sharply as demand cools off.
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