Experts Expect Summer Gas Prices as Low as $3.84 in California

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LOS ANGELES (LATimes)-

Experts are saying American drivers, including Californians, can expect some of the lowest summer gasoline prices they have seen in three years.

Some are predicting a steady decline in California gasoline prices to as low as $3.84 a gallon by August.

This year, the Energy Department is expecting a national summertime average of about $3.63 for a gallon of regular gasoline.

That would be the lowest in three years, down six cents from $3.69 a gallon a year ago and off 8 cents from the $3.71 average in 2011.

“One reason is the price of crude oil,” said Tacred Lidderdale, a senior economist at the Energy Information Administration.

“We expect crude prices …”

Read more at latimes.com, including how much analysts think a gallon of gas in California will cost in May, June and July.

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