Summer 2019 gasoline prices forecast to be lower than last summer

In the April 2019 update of its Summer Fuels Outlook, EIA expects the retail price of U.S. regular-grade gasoline will average $2.76 per gallon (gal) during the summer from April through September 2019. EIA’s expected average is down 3% from the 2018 summer average of $2.85/gal, mainly because EIA expects crude oil prices will be lower than last summer. EIA publishes the Summer Fuels Outlook as a supplement to its monthly Short-Term Energy Outlook (STEO). Source: Today in Energy – Summer 2019 gasoline prices forecast to be lower than last summer

Continue reading Summer 2019 gasoline prices forecast to be lower than last summer. This article appeared first on CTRM Center.

Source: CTRM Center

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