Gas Expected To Remain Cheap This Summer

WASHINGTON (AP) - Despite the dismal economy, motorists may want
to take to the road this summer. The federal government says
gasoline prices are expected to stay relatively low.
The Energy Information Administration on Tuesday projected
regular-grade gasoline to average $2.23 a gallon during the
April-September driving season. The monthly average is likely to
peak at $2.30 a gallon. That's still a bargain compared with last
summer, when gasoline cost an average of $3.81 a gallon and soared
for a time past $4.
In recent weeks gas prices have edged higher from their lows in
December. Last week, gasoline averaged $2.05 a gallon. The energy
agency attributed the increases to slightly higher crude oil costs
and refiners trying to recoup some profits.
According to AAA Alabama, the average statewide price for
regular fuel is $1.95 a gallon.

(Copyright 2009 by The Associated Press. All Rights Reserved.)