Wednesday, April 11, 2007

EIA PREDICTS $2.87 AS HIGH FOR SUMMER GAS

The Energy Information Administration issued a report indicating the gasoline will average between $2.81 per gallon this summer. That compares favorably to the $2.84 Americans paid last summer. In addition, the group predicted that the summer high for gas will be $2.87 in May, but many analysts think that the EIA prediction is too low. Gas prices averaged $2.80 last week.

USA Today

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