US Gasoline Prices To Rise On Stronger Economy, Higher Demand

The U.S. national average gasoline prices are expected to rise to average $2.42 per gallon in 2021, from the lowest since 2016 of $2.17/gal in 2020, due to strengthening economy and higher demand for transportation fuels, the U.S. Energy Information Administration (EIA) said on Monday. In 2022, the national motor gasoline average will be $2.

43/gal, according to EIA’s latest estimates. On-highway diesel prices are set to rise from $2.55/gal in 2020 to average $2.71/gal this year, and to $2.74/gal next year, the EIA said. “As the vaccines…