Although gas prices have been creeping downward over the last several weeks, drivers shouldn’t get used to it.
USA Today reported that the national average for a gallon of unleaded regular gas is expected to reach $2.70 at some point in May or June, according to an AAA forecast released Thursday.
While gas prices typically head higher every spring due to increased demand, that anticipated figure is about 6% more than the current average of $2.54, and 17% more than the $2.31 of a year ago. For most of the spring and summer 2017, the average price hovered around $2.30 or trended lower.
The last time gas crossed the $2.70 threshold was in summer 2015, according to AAA data. However, it’s still far below the high of $4.11 reached in July 2008.
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