Colorado Springs

Gas Buddy predicts higher gas prices in 2017

BOSTON - Drivers may have to pay more at the pump this year. Gas Buddy is predicting that drivers will pay $52 billion more over the course of year compared to 2016. Prices nationally will rise to $2.49 per gallon, according to GasBuddy’s 2017 Fuel Price Outlook.

"In recent years the 'price at the pump' continues to garner more media attention serving as an economic barometer on Main Street that stirs opinions from a broad swath of consumers from coast to coast," said Gregg Laskoski, senior petroleum analyst. "Forecasting the direction of that 'barometer', the potential trouble-spots and how the trends are likely to translate into dollars and cents affords us the opportunity to share insights that help everyone save money, even when prices are climbing."

The forecast says uncertainty with the new White House administration could cause uncertainty.

Click HERE to check gas prices in your neighborhood.


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