Analysts expect a summer of cheap gas


ASSOCIATED PRESS: Drivers could pay less this summer than they have at any point in the last six.

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ASSOCIATED PRESS: Drivers could pay less this summer than they have at any point in the last six.

“It’s a cheap, cheap, cheap year,” says Tom Kloza, chief oil analyst at the Oil Price Information Service.

The Energy Department said Tuesday that it expects the price of gasoline to average $2.55 between April and September, which would be the lowest since 2009. Over the course of the year, a typical U.S. household could save $675 in gasoline prices compared to last year.

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