Not because I think low gas prices are a good thing:
The Energy Department predicted on Tuesday that motorists would pay the lowest prices at the pump this summer since 2009, even though falling global oil prices have gained back some ground in recent days.
In its short-term energy forecast, the department calculated that the average national price for regular gasoline in the April-through-September summer driving season would be $2.45 a gallon, compared with $3.59 a gallon over the same period last year.
The average American household is expected to spend about $700 less on gasoline in 2015 compared with 2014, according to the report, and annual vehicle fuel expenditures are on track to fall to their lowest in 11 years.
The lower gasoline prices should encourage families to take to the road for their vacations, helping hotels, restaurants and amusement parks as well as refiners and gasoline stations. Lower-income consumers, who pay a relatively higher percentage of their incomes on energy than more affluent people, will benefit the most from the lower prices.
via www.nytimes.com
But because I went on record with a low gas price forecast back in February.
