Summer Gas Prices May Rise By More Than 20 Cents
Experts expect the average price of gasoline to hit $2.46 per gallon this summer, up from $2.23 per gallon the same time a year ago.
A new report from the U.S. Energy Information Administration says prices are forecast to be higher because of Brent crude oil prices, which are expected to jump by $8 per barrel this summer.
The EIA's forecast predicts the average price of regular gas will rise from $2.39 in April to $2.51 in July and then dip to $2.43 per gallon in September.
GasBuddy.com on Tuesday said the average price for a gallon of regular gas in Maine was $2.34 with the lowest price at Eastside Convenience in Sanford, $2.16.