Sunday, April 12, 2015

Expect the Lowest Gasoline Prices in More Than 5 Years

Thanks to low oil prices and high profit margins for oil refinery operations, gasoline is going to flood the economy this summer.

The EIA forecasts that summer gas prices will hover around $2.45/gallon. That's an absolute low not seen in more than 5 years.

Enjoy it while it lasts, next summer will be a much different story because of accelerated price inflation,


-RW

No comments:

Post a Comment