Will Gas Prices Go Down In 2024

Will Gas Prices Go Down In 2024. The uncertainty in the market causes energy companies to be hesitant leading to a lack of production and supply. Drivers in three states are already paying under $3 a gallon, with more likely to follow.

Many assumed was inevitable when the central bank began to aggressively raise borrowing costs in 2022 to combat surging prices. 2021, according to eia data.