New Estimates For Summer Gas Prices

Wednesday, April 11th, 2012 at 5:30 pm

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.

1 Comment

  1. Tom 04/12/12 at 6:59am

    I feel they should bring the price up to 7 to 8 dollors a gallon so no one can afford to drive a car . More people would be forced to use a horse and buggy.

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