Gas Expected To Remain Cheap This Summer

Gas Prices Summer The federal government predicts gas prices will peak at $2.30. That's a bargain compared with last summer when gasoline soared past $4 a gallon.
by The Associated Press
Published: Tue, April 14, 2009 - 8:30 am CST
WASHINGTON (AP) - Despite the dismal economy, motorists may want
to take to the road this summer. The federal government says
gasoline prices are expected to stay relatively low.
The Energy Information Administration on Tuesday projected
regular-grade gasoline to average $2.23 a gallon during the
April-September driving season. The monthly average is likely to
peak at $2.30 a gallon. That's still a bargain compared with last
summer, when gasoline cost an average of $3.81 a gallon and soared
for a time past $4.
In recent weeks gas prices have edged higher from their lows in
December. Last week, gasoline averaged $2.05 a gallon. The energy
agency attributed the increases to slightly higher crude oil costs
and refiners trying to recoup some profits.
According to AAA Alabama, the average statewide price for
regular fuel is $1.95 a gallon.


(Copyright 2009 by The Associated Press. All Rights Reserved.)
Email a Friend Email to a Friend   
Printer Friendly Printer Friendly
Translate: » Spanish | French | German | Italian | Japanese | Chinese | Russian | Hindi

Recently Commented On

Deadly Ship Explosion

1 Total Comments
Deadly Ship Explosion One person is dead, another believed to be dead following… more »

Baldwin School Closing A Possibility?

1 Total Comments
Baldwin School Closing A Possibility? Baldwin County Board of Education says more layoffs, school… more »

Gulf Coast Classic Attendance:…

10 Total Comments
Gulf Coast Classic Attendance: 8,495 The city of Mobile put up more than $70,000 for the 2009… more »

Katrina Ruling Could Bring New…

6 Total Comments
Katrina Ruling Could Bring New Deluge Of Lawsuits Now that a federal judge has blamed "monumental negligence"… more »

Fairhope Man Pleads Guilty To…

1 Total Comments
Fairhope Man Pleads Guilty To Hitting Cyclists Bradford Maples of Fairhope entered a plea Friday morning… more »