Gasoline prices could hit the highest in three years this summer, the Energy Information Administration said in this year’s edition of its Summer Fuels Outlook. The authority said it expected the impact of the pandemic on fuel markets in the United States to remain but weaken from last year, noting the vaccination drive and the federal government stimulus measures that are bound to reinforce the economic recovery of the country and, as part of it, spur greater fuel demand. As a result, the EIA forecast gasoline prices could average $2.78 per gallon this summer, up from $2.07 per gallon last year. Last year’s average ... (full story)