Although gas prices have been easing lately, the Energy Department has predicted that U.S. motorists will be shelling out an average of 24 cents a gallon more for gasoline during the peak summer driving season, defined as April through September.
Peak prices will average $3.95 for a gallon of regular gasoline, up 6.3%, or 24 cents, from last year’s April-September driving season, according to the agency’s monthly Short-Term Energy Outlook. That represents an increase from last month’s peak season prediction of a $3.295 average.
The highest monthly average is expected to be $4.01 in May, the agency said, putting the chance of a $4 average in June at 40%.
Gasoline prices will vary widely by region, with the West Coast leading the way at an average of $4.20 for the peak season.