EIA: Gasoline, Diesel Prices to Increase Through 2022

Last year, U.S. average gasoline and diesel prices were the lowest they had been since 2016: $2.17/gallon for gasoline and $2.55/gallon for diesel. But the Energy Information Administration (EIA) expects that greater demand for transportation fuels will lead to higher prices during the next two years — including to an average $2.74/gallon for on-highway diesel in 2022. 2/1/2021