Gas prices will rise this summer but should remain low
April 12, 2017
NEW YORK (AP) — You didn't think those super-low gas prices would last forever, did you?
The U.S. government says a rebound in oil prices means drivers will be paying more at the pump this summer than last year. But that will still be a bargain compared to just a few years ago.
The Energy Information Administration on Tuesday forecast that retail gas will cost an average of $2.46 a gallon from April through September, up from $2.23 a gallon over the summer of 2016.
The price of crude oil has risen about 15 percent over the last year, although at $53 a barrel, oil still costs about half as...