How high gas prices could rise by spring

A new projection from GasBuddy suggests that gas prices will decrease next year after record highs in 2022, but they could still hit $4 per gallon by May.

U.S. gas prices fall but inflation will likely stay high

Thanks largely to falling gas prices, the government's inflation report for July, to be released Wednesday morning, is expected to show that prices jumped 8.7% from a year earlier — still a sizzling pace but a slowdown from the 9.1% year-over-year figure in June, which was the highest in four decades.