The U.S. Energy Information Administration projects that the average price of a gallon of gas in 2015 will be $2.33.
Is $5 a Gallon Gas on Its Way? This Expert Thinks So
You might want to consider filling up your tanks, America. One expert is warning $5 per gallon gas is on its way.
John Hofmeister, the former president of Shell Oil, warns that we should “[e]njoy the price, because it’s going to go back up.”
“The next round of high prices is likely to start later this year, as crude rebounds to the $80s and $90s, perhaps pushing to the $100 level by late in the year or early next,” Hofmeister told USA Today.
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The Heritage Foundation is the nation’s most broadly supported public policy research institute, with more than 453,000 individual, foundation and corporate donors. Heritage, founded in February 1973, mission is
to formulate and promote conservative public policies based on the principles of free enterprise, limited government, individual freedom, traditional American values, and a strong national defense.
