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EIA raises 2027 US diesel price forecast

CryptoSlate +2 · ·by G4L

  1. 1The EIA announced a 2027 US average diesel price forecast of $5.03 per gallon.
  2. 2This is a 12% increase from the previous 2027 average diesel price forecast of $4.49 announced by the EIA on October 6.
  3. 3Federal Reserve Vice Chair Michelle Bowman said sustained energy costs could keep core inflation high.

So what's the key point?

The US energy department raised its expectation that diesel prices will reach $5.03 per gallon in 2027. There were also comments that if energy costs remain high, inflation could stay elevated.

Source CryptoSlate +2 · View original ↗

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