Why Is Gas Going Up In 2024. Why are they rising and is relief coming? Four main factors influence why gas prices go up and down.
For 2024 as a whole, production is expected to average 103 bcf/d, and then rise to a new record of 105 bcf/d in 2025, according to the united states energy information. Surpassed $3.50 per gallon last month for the first time since the fall, an increase that experts attributed to rising oil prices stemming from international instability.