American drivers can expect lower motor fuel costs for a second-straight year in 2024 as a jump in global refining capacity and a surplus in U.S. gasoline stocks drive down retail prices, according to analysts' forecasts. The U.S. national average retail gasoline price could drop by 13 cents next year to $3.38 a gallon, according to price tracker GasBuddy.com's annual outlook. The U.S. Energy Information Administration is expecting a bigger, 17-cent drop in next year's average pump price, according to its latest short-term forecast. Lower gasoline bills free up money for consumers to spend elsewhere and could help ... (full story)