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Retail prices for diesel are projected to average $2.22 per gallon for 2016 before rising to $2.58 per gallon in 2017, EIA noted.
the department released its predictions this month in its annual short term energy outlook with analysis for 2015 and 2016 u s regular gasoline retail prices which averaged $ 3 36 per gallon in 2014 will average $ 2 43 per gallon in 2015 and $ 2 63 per gallon in 2016 said the eiathe average household is expected to spend $ 675 less for gasoline in 2015 compared with last year because of lower pricesfor 2015 the eia estimated that prices will peak at $ 2 68 per gallon in may before going back down againhe u s energy information administration eia estimates fuel prices could drop as low as $ 2 29 per gallon for gasoline and $ 2 87 for diesel