A mistake is an incorrect understanding by one or more parties to a contract and may be used as grounds to invalidate the agreement. Common law has identified three different types of mistake in contract: common mistake, mutual mistake, and unilateral mistake.
According to agency's short-term energy outlook released Tuesday, the EIA has lowered its forecast for national average gas prices to $1.95 a gallon in the fourth quarter, which is down from last monthâs forecast of $2.07 a gallon.
According to the EIA, in May 2014 the average cost of a gallon of gas was 65% based on the underlying crude oil, 13% refining, 12% taxes (federal, state and local), and 11% distribution and marketing.