Reported 2 months ago
According to oil analyst Andy Lipow, gasoline prices have reached their summer peak and are expected to decrease as fall approaches. The current national average price for a gallon of gas is $3.46, reflecting a drop from the previous month and the previous year. Demand for gasoline has declined while inventories have increased. Unless an oil supply disruption occurs, prices are likely to stabilize around $3.50 before beginning to fall in October.
Source: YAHOO