00:00It's Benzinga bringing Wall Street to Main Street.
00:02Gasoline prices are expected to remain a bright spot for U.S. consumers in 2026,
00:08with the national average projected at $2.97 per gallon, according to GasBuddy forecasts shared
00:14with CNN. If realized, this would mark the fourth straight year of falling gas prices
00:19and the first annual average below $3 since 2020. GasBuddy said recent U.S. military action in
00:26Venezuela does not change the outlook, citing limited short-term impact on global supply.
00:31Americans are expected to spend $11 billion less on gasoline than in 2025,
00:36with average household spending projected at $2,083. The supply increase has been driven by
00:43Saudi Arabia-led OPEC-raising output in 2025 under pressure from Trump, while U.S. production
00:49remains strong without the rapid growth he promised. Oil prices fell 20% in 2025,
00:55and the EIA expects U.S. oil prices to average $51 per barrel in 2026.
01:01For all things money, visit Benzinga.com.
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