Summer gas prices will not be as high as previously expected
POSTED: Wednesday, May 9, 2012 - 8:00pm
UPDATED: Wednesday, May 9, 2012 - 8:04pm
NBC NATIONAL NEWS — Finally some good news at the gas pump - the Energy Department says prices will be drastically lower this summer than originally forecasted.
According to analysts, the average price across the country between now and September will be around $3.79 a gallon, which is almost 20 cents from what was first forecast.
“I think it’s great. We all need a break, with the economy like it is, and I think it’s going to help boost it,” stated driver Janice Honeycutt. “Maybe people will travel more and be able to have some more cash to spend on other things.”
“It’s all relative; it’s so expensive,” said Phyllis Huval, driver. “I mean $4.00 - it was predicted to be over $4.00. Now, it’s going to be $3.79; even if it’s $3.50, its ridiculously high.”
Nationally, the price at the pump has gone down about 20 cents over the last month.
Prices at the pump in Baton Rouge are averaging about $3.56 a gallon, which is down from $3.64 last week. It's also way down from last month's average of $3.81.