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Summer fuel prices
Fuel users can expect a reprieve from last summer's pump prices. The Energy Information Administration projects the average monthly gasoline pump price for the summer season (April to September) will peak at an average of $2.87/gal. in May, compared with $2.98/gal. last July. Retail regular-grade motor gasoline prices are projected to average $2.81/gal. during summer 2007, compared with $2.84 last summer. Meanwhile, retail diesel fuel prices are expected to average $2.82/gal. over the summer, down 6¢ from last summer.
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