Will Gas Prices Rise In 2024. Expected colder winter weather in 2024, compared with the unusually mild temperatures experienced in 2023, is likely to bring. Presidential election and global conflicts between russia and the ukraine, and israel and gaza, energy prices are predicted to rise into 2024.

The global oil market and seasonal trends. Gas prices have surged higher at the outset of 2024, stressing household budgets and complicating efforts to cool inflation.