New Estimates For Summer Gas Prices
New Predictions from the Energy Information Administration have been made about upcoming summer gas prices.
The Energy Information Administration has predicted a six percent price increase from the previous year, that means nationwide gas prices will have an average cost of $3.95 a gallon from the months of April through September.
The upcoming average for May is estimated to be $4.01 a gallon, which is also predicted to the be the highest priced month from the average.
There are always possibilities that prices can soar, but the administration reported it is unlikely that gas would ever reach up to $4.50. Which for us at Red Rock is a scary number to think of.