GREENVILLE, N.C. (WNCT) – Every summer, thousands of families hit the road for family trips.
It can be hard to plan all your expenses when gas prices continue to go up and down.
Dr. James Kleckley, ECU economics professor, said it’s hard to predict the market, but prices should stay steady as the summer continues, “Gas prices should remain low because of our domestic production. If there are problems somewhere else in the world, we’re not hurt like we were 15 or 20 years ago.”
He added that prices tend to drop around the holidays when everyone is out and about.
It’s simple supply and demand. When people travel, prices drop. When they’re home, gas prices will probably go up.