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
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Source: CTRM Center