U.S. Gasoline and Diesel Prices Projected to Fall in 2023 and 2024: EIA
The U.S. Energy Information Administration (EIA) projects retail gasoline and diesel prices to decrease in 2023 and 2024, following record highs during the first six months of 2022. The expected price decline can be attributed to projections of lower demand expansion for diesel and motor gasoline, due to high production costs and high inflation.
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