FYI: Summer driving season is in full swing, but prices at the pump this year continue to show little in the way of excess demand for gas to fill up the tank. According to AAA, the national average price of a gallon of gas stands at $2.29, and so far in June alone, the average price is down over 3%. Year to date, prices are down nearly 2%. Going back to 2005, there has never been a year where the national average price of gasoline was down on a year to date basis at this point in the year, and there have only been three other years where prices were up less than 10%. With an average YTD gain of 22.2% (median: 18.5%), prices in 2017 have been considerably weaker than they have been in prior years.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/historically-weak-gas-prices/
