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Big Rapids Daily News
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The price U.S. drivers are expected to pay for gasoline this summer is being revised down as recent crude oil price declines and rising motor fuel supplies are cutting into pump prices.

 

The U.S. Energy Information Administration says it expects this summer's pump price will average $2.39 per gallon.

 

That's 16 cents higher than last summer but 7 cents less than previously forecast.

 

Gasoline prices are lower as U.S. gasoline inventories are up, increasing 900,000 barrels in April.

 

That compares to the average 4.4 million barrel drop in gasoline stocks seen during April over the last five years.

 

 

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