Summer Gas Prices: Lowest Gas Prices In 10 Years Expected In U.S. This Summer
Summer gas prices this year will be lowest since 2004, based on EIA's $2.45/gal. estimate this summer (Apr.-Sept.)
Gas prices seem to skyrocket in the summer months, but 2015 isn’t going to be too bad. You will notice an increase of about 15 to 20 cents, but there shouldn’t be too much fluctuation beyond that. According to Market Watch, the U.S. will see a dip in gas prices from Memorial Day through Labor Day this year in comparison to previous years.
“The U.S. average price of gasoline will be $2.35 per gallon versus $2.40 currently, according to Gasbuddy, a site that tracks gas prices, down from its previous summer forecast of $2.79 per gallon released last December. That’s even less than the estimated summer gasoline prices of $2.45 per gallon predicted by the government’s Energy Information Administration.”As previously reported by the Inquisitr, the state of South Carolina has the lowest gas prices in the country at $2.089 per gallon. Meanwhile, California has the highest at $3.099. As for cities, San Francisco has the highest gas prices $3.282 in the country, while Chattanooga, Tennessee, has the lowest at $2.032 per gallon.
Drivers have been saving money, some about $20 to $30 a month, thanks to the lower gas prices nationwide. It wasn’t long ago that Americans found themselves paying close to $4.00 a gallon (in 2008 the average price was higher than that!), but no one is complaining at this point. Sure, it would be great to be back down to under $1.00, but this is a nice change nonetheless.
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