It’s that time of year when families pack the cars and hit the road. AAA found that gasoline prices typically peak in early spring and bottom out around the very end of June or early July, which is when prices begin their ascent for “summer driving season” until September. This year is no different.
Avery Ash of AAA predicts prices will fall to $3.50 per gallon barring any big unforeseen event by the beginning of July. Prices bottomed last year on July 2.
California, Hawaii and Alaska are the most expensive states in terms of gas prices, all higher than $4 per gallon. Alabama, Tennessee and Louisiana offer the cheapest gas, all in the low $3 range.
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