Gas Prices Under $3 Gallon Expected in Upcoming Months

Gas prices are expected to drop in the upcoming months. According to the U.S. Energy Information Administration, the national average for regular gasoline will drop to $3.01 a gallon in January and for 2022 gas prices are expected to average $2.88 per gallon. The data is based on a projection by the Energy Information Administration for global oil production to increase quicker than demand next year which would be the opposite of the past 18 months when output had been slow.