The US Energy Information Administration has revised its forecast for average 2018 gasoline prices up 1.6% to $2.64/gal, it said in its most recent Short Term Energy Outlook. The latest projection was met with mixed reactions from US market sources Wednesday. The EIA’s previous Short Term Energy Outlook, released March 5, projected that the average cost of regular grade gasoline at the pump, including taxes, would be $2.60/gal for 2018. April’s forecast, released Tuesday, raised that figure to $2.64/gal. In addition, the EIA expects the retail price of all US gasoline, including premium grades) to average $2.76/gal in 2018. Americans are consequently expected to pay about 9% more for gasoline this year compared with 2017, EIA said.