GasBuddy also projects that U.S. households will spend less overall for gas, on average, this year than they did in the year that just ended. At $2,083, the annual projection is well below 2022’s average household gas price of $2,715.

The gas pump has emerged as a rare source of relief for Americans drowning in higher prices – and that positive trend is expected to continue in 2026.

State-owned Petrovietnam Gas has awarded its first-ever term supply tender seeking liquefied natural gas (LNG) to energy major Shell , which will deliver the super-chilled fuel to Vietnam from 2027 to 2031.

Farran Powell is the managing editor of investing at Forbes Advisor. She was previously the assistant managing editor of investing at U.S. News & World Report. Her work has appeared in numerous publications including TheStreet, Mansion Global, CN..

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A petroleum expert weighs in on whether the volatile situation in Venezuela is a factor in the lower gasoline prices.

The new fixed-rate system means motorists will pay relatively higher taxes when fuel prices are low, reversing the previous percentage-based model.

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