• Apr 15, 2009
Click on the image above to take our summer of 2009 gas price poll

We've heard it a million times: What's good for General Motors is good for America. Well, if low gas prices are good for America (and that is a debatable point), then Charles Wilson's saying does not work the other way around. According to USA Today, the U.S. Energy Information Administration is predicting that gasoline prices will hover around $2.23-$2.42 between now and the end of 2010, with a summer high of just $2.30 this year.

Why does GM care about this? Because they need higher prices to make their forthcoming Chevrolet Volt extended-range plug-in more appealing. GM has already admitted that the Volt's price tag will be connected to the price of gas when the plug-in car goes on sale at the end of 2010. Before he was booted, then-CEO Rick Wagoner said that $4 gallons were not the worst idea.

Why does the EIA think that $3 gasoline isn't on the horizon any time soon? Because of low demand and low global crude prices. The weak economy and surplus oil production capacity don't help one bit, either. Diesel fans could feel like winners, though: the EIA thinks that diesel prices might soon drop below gasoline for the first time in two years.

What do you think the average price of gasoline will be this summer? Click on the jump and place your best guess in our poll!



[Source: USA Today | Image: Justin Sullivan/Getty]




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    • 1 Second Ago
  • 38 Comments
      • 5 Years Ago
      Under 3.00$ gallon covers all the other options below it.

      Unless Iran attacks Israel, or something, and geo-politics goes nuts again, in the middle-east.

      And why is the Chevy Volt the gallery for this article? Are you just trying to pimp it out even more, and I don't mean adding dubs and ICE...
        • 5 Years Ago
        It is Vaporware until GM sells them on their lots.

        A mule is much different than saleable units, and GM itself is on the brink, even if the Volt is meeting engineering expectations.

        There is a long way to go before that car is sold to someone. When that happens, it won't be vaporware. Until that happens, it is anybody's guess.

        It is called not counting chickens before the eggs are hatched.
        • 5 Years Ago
        I know that wasn't the reason in the past... but it could be the reason in the future.

        and it seems to be Autoblog that is pimping the Volt pictures, I just wonder what direct relevance the Volt gallery has to this article, or if it is just another reason to keep harping on iffy vaporware and wishful thinking.
        • 5 Years Ago
        Hmmm... a Prius with rims and a body kit racing a Chevy Volt with rims and a body kit. Somehow, somewhere it will happen (probably in 2012) and it will be the stupidest thing to happen to a hybrid in history.
        • 5 Years Ago
        Good grief, I can't wait until the Volt goes on sale, so people will stop using the word vaporware on AutoBlog.

        That word just seems very out of context when used in automotive terms, and it makes me cringe everytime I read/hear it.

        Please, no more V word!
        • 5 Years Ago
        That is not why the prices were high.
        • 5 Years Ago
        And that's also a horrendous thing to do to the Volt.
      • 5 Years Ago
      Road Trip!
      • 5 Years Ago
      Eh, it's already $2.32 here
      • 5 Years Ago
      I am paying 2.40-2.45 here depending on which station I go to. I am expecting about 2.75ish or so for the summer.

      Oh, and I live in the Sierra's of California. Gas is typically higher here than most of the state.
      • 5 Years Ago
      It may not be good for the Volt, but it will be good for the Silverado,Tahoe,Suburban,Sierra,Enclave,Camaro,G8 etc
      • 5 Years Ago
      The higher the better....
      • 5 Years Ago
      You're an idiot if you think you can predict what gas prices will be this summer. Everything in the market is so volatile right now and could tip one way or the other faster and in a different manner than anyone can predict.
      • 5 Years Ago
      Lower gas price are better for 99% of the auto industry.

      $2.30 is a national average...obviously there will be higher prices in Hawaii and California
      • 5 Years Ago
      gas prices has to do with supply and demand

      /sarcasm

      • 5 Years Ago
      Hybrid cars are no solution to imported oil. And with acceptably priced gas, only environmental idiots will buy them at those prices. As long as the economy is in the dumpster, and it will be there indefinitely, demand for oil will be low. Obama's socialist policies of taxing the wealth producers and the investors, promoting expensive obscene "green" nonsense, and borrowing trillions for socializing healthcare will assure that the economy stays dead as a doornail. If you think it is bad now, wait for a year. If you thought the Carter years were a malaise, you ain't seen nothing yet.
      • 5 Years Ago
      If Obama keeps spending like a drunken sailor, then Yes! Gas prices will continue to go up, because the value of the dollar will implode.

      • 5 Years Ago
      The one thing I've learned from this whole mess is that no one who claims to know anything really does.
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