Agency predicts gas prices in the U.S. will drop this summer

A woman fills up her gas tank.
(Image credit: Joe Raedle/Getty Images)

The U.S. Energy Department predicts that this summer, drivers will see the lowest seasonal gas prices in six years.

The roads are busiest from April to September every year, and agency analysts expect that gasoline will cost an average of $2.45 for a gallon of regular unleaded during this heavy driving period, the Los Angeles Times reports. That would be the lowest summer price since 2009, and almost one-third less than the $3.59 a gallon from the same time last year, the Energy Information Administration says. The government also believes that prices could fall even lower if negotiations with Iran result in oil-related sanctions being lifted, as the country has at least 30 million barrels of crude in storage.

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