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Heather Long: Gas prices expected to stay above $4 a gallon through election

Heather Long: Gas prices expected to stay above $4 a gallon through election
Gas prices seen staying above $4

National average gas prices are expected to remain above $4 a gallon through the U.S. election, marking a significant change compared to recent years. Heather Long highlighted that in November 2022 the average price was $3.80 a gallon, while November 2024 saw $3.07, and November 2020 was $2.11. Projections indicate that by November 2026, prices could reach approximately $4.30 to $4.40.

Business inflation recently climbed to 6.3 percent in September, as noted by Heather Long, with every category remaining hot in her report on rising costs. Long has also examined the factors behind higher bond yields in the U.S. and France, expressing skepticism that strong growth is the main driver in her analysis of bond market movements. These previous reports provide further context for the current high gas prices.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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