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Gas Prices Set to Fall for Fourth Year, Experts Say

1/5/2026

24 4 Full Breakdown

Summary

Story summary

Gas prices in the U.S. are projected to average $2.97 per gallon in 2026, the fourth consecutive year of decline, according to GasBuddy.
The forecast suggests consumer spending on gas will fall to $2,083 in 2026 from $2,716 in 2022.
Despite the U.S. intervention in Venezuela and the capture of President Nicolás Maduro, experts say any price impact will be minimal due to Venezuela's long-term oil recovery.

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Story summary

Gas prices in the U.S. are projected to average $2.97 per gallon in 2026, the fourth consecutive year of decline, according to GasBuddy.
The forecast suggests consumer spending on gas will fall to $2,083 in 2026 from $2,716 in 2022.
Despite the U.S. intervention in Venezuela and the capture of President Nicolás Maduro, experts say any price impact will be minimal due to Venezuela's long-term oil recovery.