Gas Prices Expected To Remain High All Summer

  • 3 years ago
Gas Prices , Expected To
Remain High
All Summer.
Over the Memorial Day holiday, gas prices were at about $3 per gallon.
ABC news reports that experts are
predicting similarly high prices
for the rest of the summer.
A meeting with the Organization of the Petroleum Exporting Countries (OPEC) in July could lead to some relief... .
... as member countries are
expected to step up oil production.
According to Jeanette McGee, director
of external communications at AAA, .
motorists can expect to see lower prices toward the end of September due to a decrease in demand.
When that happens, that could
bring crude oil prices down. And
if crude prices drop, we could
see gas prices decrease
a little bit more.., Jeanette McGee, director of external communications at AAA, via ABC News.
...Bottom line, prices are going
down, but they're going to
be expensive and they're
probably going to fluctuate, Jeanette McGee, director of external communications at AAA, via ABC News.
McGee expects prices to
move between $2.95 and $3.10
over the next few months