Energy Dept.: Average gas price to hit $3.60 per gallon in June |
| Bizjournals.com - Apr 9, 2008 |
Regular grade gasoline retail prices are projected to average $3.36 per gallon across the nation in 2008 while the monthly average gasoline price is projected to peak at just over $3.60 per gallon in June, according to the Federal Energy Information Administration.
On April 7 the national average for regular grade gasoline was $3.33 per gallon, just slightly down from Monday's record average price of $3.39 per gallon, according to AAA's Daily Fuel Gauge Report that is based on data from Oil Price Information Service, a petroleum pricing information provider.
A gallon of regular grade gasoline cost $2.78 on April 8, 2007.
Nationwide, regular grade gasoline retail prices, which averaged $2.93 per gallon last summer, are projected to average $3.54 per gallon during the current driving season, according to the EIA.
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- Posted: 2008-04-09 08:40:49
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