Gas Prices Could Rise In 2024

U.S. gasoline prices are at their lowest since January and could fall below $3.00/gallon for the first time since 2021 by Christmas, notes David Holt. He discusses how gasoline prices may boost consumer confidence and spending, as well as factors that could influence gasoline prices in 2024. He talks about how gasoline prices are likely to rise next year. He highlights that the consensus 2024 view is the crude oil prices from the last 3 months should hold for much of 2024. Tune in to find out more about the energy sector and the stock market today.