Wednesday, June 1, 2016

Will This Be the Cheapest Summer at the Pump?

BOSTON -- Summer gasoline prices are set to hit their lowest point in a decade or more.

That is according to Patrick DeHaan, senior petroleum analyst at Boston-based GasBuddy.com. But do not expect a repeat in 2017, he cautioned.

“I don’t see our current environment of a healthy economy and low gas prices repeating itself again soon, so my advice to motorists is simple: Don’t delay your summer travel plans," said DeHaan. While it is too early to forecast gasoline prices for summer 2017, DeHaan said they may be 50 cents per gallon (CPG) or higher....

Read the entire article courtesy of CSP: