Fuel prices won’t affect boating

Published On: July 1, 2009Categories: Industry News

Boat use is expected to rise during the summer months thanks to lower gas prices. The average gallon of gasoline is expected to cost $2.23, as compared to last summer’s average of $3.81 per gallon.

The Energy Information Administration, which predicted the average fuel price, forecasts fuel prices to rise next year. However, those predictions don’t account for a stronger-than-expected economy or lower global production, in which case fuel prices would rise sooner.