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Archive Home > 2008 > May > 07 > Gas forecast: Peak price of $3.73 in June

Gas forecast: Peak price of $3.73 in June

By Jad Mouawad / The Bulletin
May 7, 2008

Oil jumped to another record on Tuesday and the government said it expected gasoline prices to peak at a national average of $3.73 a gallon in June, just as the summer driving season kicks off.

The new forecast from the Energy Department came on a day oil futures rose above $122 a barrel in New....

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Published daily in Bend, Oregon, by Western Communications, Inc. Copyright 2007.