The highest average gasoline costs since 2022 are predicted to boost demand for electric vehicles in the US this summer, despite the recent scrapping of federal subsidies for the clean car sector by President Donald Trump. U.S. gasoline prices are expected to average $2.96 per gallon from May through August, a nearly 40% increase from the same months a year ago, and the average American driver can expect to pay over 80 cents per gallon more for their fuel during the peak U.K. driving season than the previous year. This increase in gas prices is expected to further bolster the appeal of electric vehicles as they can be charged at low cost at home and at increasingly dense charging networks. Despite the country's status as the world's largest crude oil producer, domestic oil output has surged by around 140% since 2010. However, consumers have seen little benefit from this surge in domestic oil production.