Summer Gas Prices Forecast to Peak at $2.30 a Gallon

The Energy Information Administration, the statistical branch of the Energy Department, has some good news for motorists: gasoline prices are expected to peak at only $2.30 this summer.

The EIA said prices would average $2.23 a gallon during the summer, with a peak of $2.30 late into the season. That’s about 20 cents more than current prices, but more than $1.50 less than last summer’s record prices.

Automobilemag