The Department of Energy released its new outlook for fuel prices, and they again project that gasoline prices will remain in the neighborhood of $2.25/gallon. So file this under "wishful thinking": OMB's recent report on the costs and benefits of regulations uses a lowball figure of $1.10-$1.30, possibly to minimize the benefits from improvements to fuel economy regulations. See OMB Watch's comments on OMB's report for more information.