WASHINGTON - On Tuesday, the Energy Information Administration projected regular-grade gasoline to average $2.23 a gallon during the April-through-September driving season. The monthly average is likely to peak at $2.30 a gallon.
Last summer, gasoline cost an average of $3.81 a gallon and was above $4 for a period of time. One factor for the expected lower prices is an increase in U.S. crude oil production, which has not happened since 1991.
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