Summer gas prices – as good as they’ll get


San Francisco, California

CNN — As the summer driving season gets underway, most Americans are enjoying lower gas prices than they might have expected when the spring began.

But prices, while well off their 2012 peak set in early April, are still higher than they’ve been at the start of most summers.

The current national average of $3.636 for a gallon of unleaded is down about 15 cents from a year ago and 30 cents from this year’s peak, according to readings from AAA. But it’s still the third-highest price on record for a Memorial Day weekend, behind only 2011 and 2008.

And experts say that despite oil futures recently falling to below $90 a barrel for the first time since November recently, the steady slide in gas prices might not extend much further.

“We might move a little lower, we might move a little higher,” said Tom Kloza, chief oil analyst of the Oil Price Information Service, the firm that compiles the pump price averages for AAA.

Read more…

About smartspending5

I am business-minded college student who has a heart for helping others attain emotional independence and psychological stability. My background lies in Broadcasting, network marketing, and Human Services. I believe that crises and extreme stress is necessary for one to grow and figure out what matters in life (Tony Robbins). This keeps me going when frustrations arise in my business. View all posts by smartspending5

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