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Gas Prices This Summer Are Expected to Hit a Four-Year High

February 28, 2018

Via: Fortune

Gas prices this summer are expected to be the most expensive since 2014, closing in on $3 per gallon, according to a new report from the Oil Price Information Service (OPIS).

The national average is expected to hit $2.79 per gallon, an 11% jump over the current average, as calculated by AAA. Because of price fluctuations, consumers in several states could see prices easily top $3.

The price climb is likely to start in March, which is traditionally when the summer escalation begins. By April, says OPIS, most drivers will be paying $167.40 per month for gas—$24 more than they did at the same time in 2016.

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