Energies Media
  • Magazine
    • Digital Magazine
    • Digital Magazine Archive
  • Features
  • Upstream
  • Midstream
  • Downstream
  • Renewable
    • Solar
    • Wind
    • Hydrogen
    • Nuclear
  • People
  • Events
  • Advertise
  • Contact
No Result
View All Result
Energies Media
No Result
View All Result

2020 to Bring Good News at the Gas Pump for Some Americans, Not All

by Energies Media Staff
January 5, 2020
in Downstream, News, Oil and Gas News
2020 to Bring Good News at the Gas Pump for Some Americans, Not All

Scotland’s Grangemouth refinery completes crude processing as refinery closures continue

Bahrain’s Bapco refinery expansion set for Q4 start

BOSTON – GasBuddy, the smartphone app helping consumers avoid paying full price for fuel, today predicts that 2020 will feature a yearly national average of $2.60 per gallon, representing a 2 cent drop versus 2019, but warns that the national average will rise as much as 75 cents per gallon from a low in February until an eventual peak in May, leading to localized gas price hotspots that could lead unsuspecting motorists to pay as much as 15-50 cents more per gallon than competitors.

Some highlights from GasBuddy’s 2020 Fuel Price Outlook include:

  • The nation’s yearly gasoline bill will rise to $373 billion dollars, an increase of over $1 billion from last year as the average household sees their annual gasoline spending rise to $1,935.
  • The national average is forecast to rise as much as 75 cents per gallon from a low in early February to a possible peak in May, as the seasonal switch to summer gasoline leads to notable jumps and causes some stations to raise prices much quicker than others, leading to buying opportunities for motorists who compare prices.
  • 75% of the country’s largest metro areas are at risk for seeing average prices hit $3 per gallon at some point in 2020, including Atlanta, Boston, Chicago, Cleveland, Detroit, Miami, New York City, Philadelphia, Phoenix, and Washington, D.C. while four could see close to or over $4/gal: Los Angeles, Sacramento, San Francisco, and Seattle.

“Hit the road, America! It will be another year where gasoline prices will be relatively affordable- but don’t close your eyes- the price variation between stations and states will approach record levels. Never has there been a bigger opportunity to spend less, or to spend more, if you aren’t checking prices before filling up,” said Patrick De Haan, head of petroleum analysis. “In addition, motorists should be feel some comfort that for a sixth straight year, gasoline prices will start with a “2” in most areas amidst a robust economy, with thanks to U.S. oil producers for matching our increasing appetite for affordable energy, which also helps to act as insulation against unpredictable events including production cuts from other nations to keep oil prices from spiraling out of control.”

InventU
InventU

Find the full report linked here.

For those making resolutions, GasBuddy suggests shopping around at the pump and driving less aggressively: the savings could add up to $477 per year, or roughly $10 per tank. In addition, motorists can sign up for Pay with GasBuddy, a free program that links to your checking account and offers instant savings of up to 25 cents per gallon.

About GasBuddy

GasBuddy’s mission is to help consumers avoid paying full price for fuel. As the leading source for crowdsourced, real-time fuel prices at more than 150,000 gas station convenience stores in the U.S., Canada and Australia, millions of drivers use the GasBuddy app and website every day to find gas station convenience stores based on fuel prices, location and ratings/reviews. GasBuddy’s first-of-its-kind fuel savings program, Pay with GasBuddy, has saved Americans more than $10 million at the pumps since its launch in 2017. The company’s business solutions suite, GasBuddy Business Pages, provides Fuel Marketers and Retailers their best opportunity to maintain their station information, manage their brand, and promote to their target consumer audience. For more information, visit http://www.gasbuddy.com.

Author Profile
Energies Media Staff
Website
Author Articles
  • Energies Media Staff
    https://energiesmedia.com/author/oilmanwp/
    Drones
    September 8, 2025
    Revolutionizing Renewable Energy with Advanced Drone Technology
  • Energies Media Staff
    https://energiesmedia.com/author/oilmanwp/
    Global Shale Oil and Gas Landscape Set for Growth Beyond US
    August 26, 2025
    Global Shale Oil and Gas Landscape Set for Growth Beyond US
  • Energies Media Staff
    https://energiesmedia.com/author/oilmanwp/
    E-Fuels
    August 13, 2025
    2nd Annual World E-Fuels Summit
  • Energies Media Staff
    https://energiesmedia.com/author/oilmanwp/
    What Happens to Solar and Wind Systems During Natural Disasters?
    August 6, 2025
    What Happens to Solar and Wind Systems During Natural Disasters?
  • Energies Media Staff
    https://energiesmedia.com/author/oilmanwp/
    ship on body of water at night
    August 1, 2025
    Industry leaders to speak at Wood Mackenzie’s Carbon Capture, Utilization and Storage Conference 2025
  • Energies Media Staff
    https://energiesmedia.com/author/oilmanwp/
    ROGII and NRGX Technologies Ltd. Partner to Deliver Seamless LAS Data Integration for Upstream Workflows
    July 31, 2025
    ROGII and NRGX Technologies Ltd. Partner to Deliver Seamless LAS Data Integration for Upstream Workflows
LNG
TAMU

In This Issue

Energies Media Summer 2025

ENERGIES Media (Summer 2025)


Meeting Emergency Preparedness and Response Criteria


ENERGIES Cartoon (Summer 2025)


Bringing Safety Forward in Offshore Operations


The Hidden Value in Waste Oil: A Sustainable Solution for the Future


Why Energy Companies Need a CX Revolution


Energies Media Interactive Crossword Puzzle – Summer 2025


Moving Energy Across Space and Time


Dewey Follett Bartlett, Jr.: Tulsa’s Champion of Independents


U.S. Oil Refineries Face Critical Capacity Test Amid Rising Demand


Maximizing Clean Energy Tax Credits Under the Inflation Reduction Act


Letter from the Managing Editor (Summer 2025)


NeverNude Coveralls: A Practical Solution for Everyday Dignity


How to Deploy Next-Gen Energy Savers Without Disrupting Operations

InventU
TAMU
  • Terms
  • Privacy

© 2025 by Energies Media

No Result
View All Result
  • Magazine
    • Digital Magazine
    • Digital Magazine Archive
  • Features
  • Upstream
  • Midstream
  • Downstream
  • Renewable
    • Solar
    • Wind
    • Hydrogen
    • Nuclear
  • People
  • Events
  • Advertise
  • Contact

© 2025 by Energies Media