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Fuel prices won’t affect boating

Industry News | July 1, 2009 | By:

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.

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