Gas Price Spike Easing, But Prices at the Pump Tick Up


gas prices

Analysts say the gas price spike appears to be easing, but drivers around the nation are still seeing higher prices at the pump.

AAA Mid-Atlantic says the national average gas price Friday was $2.89, up a penny from the previous week and substantially higher than last year’s national average of $2.81.

AAA expects this summer’s gas prices to be on par with prices last summer, with the year’s highest prices in May. Heading into summer, analysts say factors including supply-demand levels, U.S. production and crude prices will shape the summer forecast.

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