Gas Prices Up Now; Price Drop Expected by the Summer

Published 04/13 2014 08:32AM

Updated 04/13 2014 08:33AM

NBC News -- Just like clockwork, gas prices are spiking.

Americans are pumping gas that costs about $3.60 a gallon right now, 30-cents higher than two months ago.

Still, analysts say you should keep it in perspective.

"It was only a few years ago that almost all of us were paying about $4," points out AAA's Michael Green.

Even though they expect another hike of 10-cents or so by May, gas prices are actually predicted to be lower than last summer, largely because of growing supplies.

Copyright 2015 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Featured Coupon


Featured Business