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Summer gas prices are headed even lower, as Saudi Arabia accepts the 'lesser evil' of cheap oil

Gas could get even cheaper this summer.

Supachai Panyaviwat/Getty Images

  • OPEC+ is boosting oil output, tanking prices as US summer travel peaks.
  • OPEC leader Saudi Arabia is aiming to regain market share amid US shale competition and slow Chinese demand.
  • Oil prices could stay lower for longer on OPEC's production ramp up, analysts say.

Gas prices at the pump could get even cheaper just as Americans hit the highways for summer travel.

Over the weekend...

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