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News / Business / Business Briefs

Agency predicts lower summer gas prices

By Wire services
Published: April 9, 2019, 8:41pm

The U.S. Energy Information Administration predicted Tuesday that the national average price of gas from April through September will be $2.76 a gallon, down from $2.85 last summer.

For the entire year, the agency says the average household will spend about $100 less on fuel than last year, a savings of 4 percent.

Oil prices are up since December but still down from a year ago.

The Energy agency says the U.S. produced 12.1 million barrels of oil per day in March.

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