{"id":1787829,"date":"2022-12-27T11:50:27","date_gmt":"2022-12-27T16:50:27","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1787829"},"modified":"2022-12-27T11:50:36","modified_gmt":"2022-12-27T16:50:36","slug":"heres-when-gas-prices-could-return-to-4-per-gallon-according-to-new-projection","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/heres-when-gas-prices-could-return-to-4-per-gallon-according-to-new-projection\/","title":{"rendered":"Here\u2019s When Gas Prices Could Return To $4 Per Gallon, According To New Projection"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">28<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fheres-when-gas-prices-could-return-to-4-per-gallon-according-to-new-projection%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1787829&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47-->\n<p><a href=\"http:\/\/dailywire.com\/topic\/gas-prices\" target=\"_blank\" rel=\"noopener\">Gas prices<\/a> According to the EPA, it could reach or exceed $4.00 per gallon by next May. <a href=\"https:\/\/www.cnn.com\/2022\/12\/27\/economy\/gas-prices-inflation-2023-outlook\" target=\"_blank\" rel=\"noopener\">data<\/a> CNN shared GasBuddy<\/p>\n<p>According to the National Average Gasoline Price Index, it currently stands at $3.10 per Gallon. <a href=\"https:\/\/gasprices.aaa.com\/\" target=\"_blank\" rel=\"noopener\">data<\/a> AAA Prices <a href=\"https:\/\/www.dailywire.com\/news\/gas-prices-hit-grim-national-average-of-5-per-gallon\" target=\"_blank\" rel=\"noopener\">surpassed<\/a> $5.00 per gallon June. While these prices are not expected to rise, they could increase significantly in the future.<\/p>\n<p>\u201c2023 is not going to be a cakewalk for motorists. It could be expensive,\u201d GasBuddy Head of Petroleum Analysis Patrick De Haan told CNN. \u201cThe national average could breach $4.00 a gallon as early as May, and that\u2019s something that could last through much of the summer driving season.\u201d<\/p>\n<p>The Russian invasion of Ukraine in Feb. saw gas prices rise again, after they had already increased precipitously since 2021. Officials at the White House have blamed Russia&#8217;s President Vladimir Putin and domestic fuel producers for high gas prices. \u201cIt is also important that the oil and gas and refining industries in this country not use the challenge created by the war in Ukraine as a reason to make things worse for families with excessive profit taking or price hikes,\u201d Biden <a href=\"https:\/\/www.dailywire.com\/news\/president-biden-blames-vladimir-putin-for-record-high-inflation\" target=\"_blank\" rel=\"noopener\">said<\/a> This year, earlier.<\/p>\n<p>The administration has also <a href=\"https:\/\/www.dailywire.com\/news\/white-house-press-secretary-claims-americans-are-saving-on-gas-under-biden\" target=\"_blank\" rel=\"noopener\">claimed<\/a> Recent declines in gas prices, which have fallen from records highs this summer, can be attributed to the policies of the commander-in chief. \u201cEvery month, the typical two-driver family saves about $120 at the pump compared to where we were in mid-June,\u201d Karine Jean-Pierre, White House Press Secretary, stated this in October. \u201cEvery day, Americans save about $420 million at the pump compared to mid-June.\u201d<\/p>\n<p>Consumers indicated that they would alter their driving habits in order to save money as gas prices rose toward the start of the year. Sixty-six percent of American drivers declared in spring that they would alter their driving behavior to reduce gas prices. \u201csignificant changes to their driving patterns\u201d According to a survey, the national average gasoline cost is between $4.12 and $4.35 per galon. <a href=\"https:\/\/finance.yahoo.com\/news\/gas-prices-66-americans-are-making-significant-habit-changes-says-survey-180821426.html\" target=\"_blank\" rel=\"noopener\">poll<\/a> Yahoo.<\/p>\n<p>Despite the turmoil in gas prices, Americans still managed to travel at record levels during Christmas season. According to the Census Bureau, nearly 102 million Americans plan to drive to holiday destinations. This represents an increase of 2,000,000 drivers from last year. <a href=\"https:\/\/newsroom.aaa.com\/2022\/12\/nearly-113-million-people-will-travel-from-december-23-to-january-2\/\" target=\"_blank\" rel=\"noopener\">data<\/a> AAA<\/p>\n<p>\u201cBasically, curveballs coming from every direction,\u201d De Haan told CNN. \u201cI don\u2019t think we\u2019ve ever seen such an amount of volatility as we saw this year.\u201d<\/p>\n<p>The fuel prices vary greatly across the country. Californians currently pay $4.37\/gallon, according To <a href=\"https:\/\/gasprices.aaa.com\/?state=CA\" target=\"_blank\" rel=\"noopener\">data<\/a> AAA. Recently, Governor Gavin Newsom (D\u2013CA) attempted to pass a \u201cprice gouging penalty\u201d This would have been a great idea. <a href=\"https:\/\/www.dailywire.com\/news\/newsom-moves-to-limit-oil-company-profits-in-energy-strapped-california\" target=\"_blank\" rel=\"noopener\">compelled<\/a> Oil companies must reduce their profits in order to avoid a civil penalty by the California Energy Commission. House Speaker Nancy Pelosi (D-CA) voiced <a href=\"https:\/\/www.dailywire.com\/news\/pelosi-pushes-democratic-bill-that-would-give-biden-power-to-control-gas-prices\" target=\"_blank\" rel=\"noopener\">support<\/a> earlier in the year for legislation that would allow Biden a declaration \u201cenergy emergency,\u201d He has the power to regulate fuel prices and prevent fuel companies selling their products at rates they consider unacceptable. \u201cunconscionably excessive.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gas prices could near or surpass $4.00 per gallon as soon as next May, according to data from GasBuddy shared with CNN. The national average price for gasoline is currently $3.10 per gallon, according to data from AAA. Prices surpassed $5.00 per gallon in June; although costs are not projected to reach such levels, they &#8230;<\/p>\n","protected":false},"author":99,"featured_media":1787832,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[541],"tags":[6202,12016,7536,3751,4590,12017,5309,6195],"class_list":["post-1787829","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-daily-wire","tag-daily","tag-gallon","tag-gas","tag-heres","tag-prices","tag-projection","tag-return","tag-wire"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1787829","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/99"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1787829"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1787829\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1787832"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1787829"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1787829"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1787829"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}