AAA released its 2014 Gas Price Forecast Thursday.
AAA says the severe weather this winter has caused fewer people to drive, resulting in higher gasoline supplies throughout the country, and that has resulted in lower prices.
The national average right now for a gallon of gas is $3.27, with Ohio motorists paying an average of $3.25.
AAA public affairs manager Cindy Antrican says weak demand and sufficient supplies should keep prices relatively low in the coming weeks, but an increase is on the horizon. Seasonal refinery maintenance is expected to drive prices higher come spring.
- Expected to peak at $3.55 – 3.75 per gallon this spring
- Expected to peak at $3.50 – $3.70 per gallon this spring
The springtime increase in gas prices will likely be temporary as refinery maintenance ends and production returns to normal rates.