Posted: May 31, 2013 9:44 PM by Gabby Weber - MTN News
HELENA - Following the ten cents per gallon increase on gas this May, AAA says gas prices will most likely decrease early this summer.
With a 17 day streak of rising prices in the month of May, gas raised to $3.66. However a most recent 9 day streak has dropped the price six cents to $3.61.
"What we've seen happening to the national average gas price this year has been unusual when compared to past trends," said AAA spokeswoman Kaelyn Kelly. "Looking forward to the summer months, we usually expect prices to steady out or possibly decline through early summer, not rising again until late summer before hurricane season and the switchover to winter-blend gasoline."
While gas prices were thought to have peaked in late February with a price of $3.79, AAA believes there is still potential for prices to spike late in the year despite having no records of gas prices peaking after February
Kelly said, "When we talk about gas price predictions, we base those predictions off observing price trends from past years," adding that "because 2013 has strayed far from the pattern of what tends to happen with gas prices, it becomes more difficult to accurately predict what they will do through the second half of the year."