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CNN At This Hour With Kate Bolduan December 28, 2021 16:44:00

Prices to rise next year. they see a 2022 average of $3.41 a gallon, up from around $3 this year. they think gas prices are going to peak in may at $3.79 a gallon, essentially right as everyone is heading out for the summer, memorial day weekend, we could be seeing gas prices flirting with $4 a gallon before they fall sharply later in the year. now, this would unwind some of the recent progress we ve seen on the gas front. the national average is currently $3.28 a gallon. that s not cheap. it s up by about a dollar from a year ago. but it is down 14 cents from the peak we saw in early november. we should note, there is a lot of uncertainty here. others are calling for gas prices to drop. citi group has predicted and warned their clients there s going to be what they called a, quote, radical drop in energy prices. the energy department s research arm is calling for an average of $2.88 a gallon next year. ....

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