Friday 15 May 2015

This Summer’s Gas Prices Predicted To Be At Their Lowest In Six Years

As if there wasn’t enough to celebrate with the impending arrival of summer, road trip vacations will be even better this year with gasoline predicted to be at its cheapest in at least six years. Perfect for when you finally decide to drive across the country to visit that giant ball of [insert weird thing to make a giant ball out of] in [state far away from where you live].

Prices have been up a bit recently but gas prices will be moderate this summer and hover around $1 cheaper a gallon than last year, reports USA Today (warning: link has video that autoplays).

“This is cheapest driving season since the summer of 2009,” said Tom Kloza, global head of energy analysis for the Oil Price Information Service.

The national average gas price went up $0.20 in a month to $2.69 a gallon for regular after a hike in crude oil prices and issues at West Coast refineries, according to the Energy Department.

As a result of falling average prices however, more people will be hitting the road — AAA predicted that 37.2 million Americans will hit the open road or board planes over the holiday weekend, an increase of more than 2 million travelers from last year.

Forecast: Summer gas prices will be lowest in six years [USA Today]


by Mary Beth Quirk via Consumerist

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