LAFAYETTE, Ind. (WLFI) – A Purdue energy expert believes summer gas prices should stay below $4 a gallon in the Midwest, but they may be slightly higher than last summer.
Energy economist Wally Tyner said with greater oil refining capacity and less demand thanks to more fuel-efficient vehicles, prices should range from $3.45 to $3.90 a gallon in the Midwest.
But he warns drivers that any short-term disruptions could mean higher prices temporarily.
He says crude oil prices have been running about $4 a barrel higher than last year.