Summer gas prices expected to be 32 percent lower this year
Source: AP-Excite
By DAMIAN J. TROISE
NEW YORK (AP) Drivers will see the lowest summer gasoline prices in about 6 years, according to the Energy Department.
The national average price is forecast to fall 32 percent from a year ago to $2.45 a gallon between April and September, the period when Americans do most of their driving. That would mark the lowest seasonal average since 2009.
For the year, the department's Energy Information Administration expects gasoline to average $2.40 a gallon, down from $3.36 in 2014.
"It's a very realistic average, but like a lot of averages, it doesn't speak to some of the lumpiness you'll see," said Tom Kloza, chief oil analyst at OPIS.
FULL story at link.
A vehicle is refueled at a gas station in New Orleans on Monday, April 6, 2015. Drivers will see the lowest summer gasoline prices in about 6 years, according to an Energy Department report released Tuesday. (AP Photo/Gerald Herbert)
Read more: http://apnews.excite.com/article/20150407/us-summer-gasoline-forecast-2c22ae6dea.html
GasBuddy.com: Gas prices may have reached their peak for 2015: http://www.omaha.com/news/iowa/gasbuddy-com-gas-prices-may-have-reached-their-peak-for/article_29a79b30-dd54-11e4-8e9a-7b154a1515fb.html
Warpy
(111,255 posts)I think a lot of people got rid of their cars when it looked like high gas prices were here to stay.
They'll be back of course.
rpannier
(24,329 posts)and ergo... Obama's fault
If they decide it's a good thing, Mc Connell will be there to claim it's because the Republicans are running the senate
IronLionZion
(45,433 posts)and obamacare and the keystone pipeline.
Meanwhile people who have postponed travel will probably do it now. Same with large purchases like homes and cars.
Kelvin Mace
(17,469 posts)in NC for $2.07 a gallon with loyalty card discount ($2.15 without).
Filled up my Leaf for the electrical equivalent of $1.03 a gallon. Next year, I hope to be using the planetary fusion reactor and filling up the Leaf for free.
Gregorian
(23,867 posts)And air.