WASHINGTON —Drivers may find gasoline a little cheaper this summer compared to last, despite a 64-cents-a-gallon jump since January.
The Energy Department said Tuesday that the recent sharp rise in gasoline costs is likely to slow in the coming weeks with prices averaging $2.81 a gallon over the vacation driving season, about 3 cents lower than last spring and summer.
But the forecast by the department's Energy Information Administration forecast is anything but assured.
Only a month ago, the agency said it thought the cost of regular-grade gasoline would peak in June, averaging $2.67 for the month, a price already eclipsed. The EIA said drivers paid a nationwide average of about $2.80 a gallon for regular in the week ended Monday.
The latest forecast calls for prices to peak with an average $2.87 a gallon for the month of May, then decline. Last summer's peak was an average of $2.98 for the month of July.
Click here to read the entire article.
Latest from Pest Control Technology
- Drowning in the Details? Seven Steps to Overcoming the Urge to Micromanage
- Ground Dove Population Increases on Ulong Island Following Removal of Invasive Rats
- Miller Pest Solutions Promotes Keith Johnson to External Operations Director
- Anticimex Carolinas Family of Brands Sponsors Salvation Army Angel Tree Program
- Guest Feature: Insight Canada’s Path to Sustainable Success in Quebec
- King County (Wash.) Warns Residents of Toilet Rats
- Beyond the Pest | Ep. 7 – Mike Thome and Jen Sweeney-Ingram
- NEPMA Presents Bartlett W. Eldredge Award to Jim O’Neill
