Energy agency says gasoline will average under $2 in 2016

Gasoline under $2 a gallon? For a whole year?
That’s the government’s latest forecast.
The U.S. Energy Information Administration said Tuesday in its monthly short-term energy outlook that regular gasoline will average $1.98 a gallon nationwide in 2016.
If the forecast is right, it will be the first time since 2004 that U.S. drivers have paid a full-year average of under $2 a gallon.
The pump savings are a direct result of the 70 percent collapse in crude oil prices since mid-2014.
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