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Expect to save at the pump in 2016

Motorists will be rewarded at the pump this year, spending $17 billion less compared to 2015 as the national yearly sags for a fourth straight year to $2.28 a gallon, according to GasBuddy’s 2016 Fuel Price Outlook.

Aside from a national average that’s forecast to be lower than 2015, highlights include:

• $325 billion will be spent on gasoline in the U.S. in the year ahead, $17 billion less than last year. That’s considerable given that consumers saved $134 billion on gasoline in 2015 versus what was paid for gas in 2014.

• The ‘winter-blend’ to ‘summer blend’ fuel transition mandated by EPA r...

 

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