U.S. May Spend a Record $491 Billion for Gasoline This Year

Fuel prices have been high this year because of expensive oil and increased exports of gasoline and diesel to other countries.

U.S. motorists are on pace to spend $491 billion for gasoline this year, the most ever.

Fuel prices have been high this year because of expensive oil and increased exports of gasoline and diesel to other countries. Gasoline prices may decline for a few weeks after the switch to winter blends, which are less costly to produce than summer blends. But gas price woes won't go away, experts said.

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