Thursday, January 31, 2008

Gas Prices - Experts Predict spring Spike

Experts are predicting gas pump prices, which jumped by almost a dollar a gallon in each of the last two springs in many parts of the United States, will spike again this year as refiners and gas stations switch from winter to summer blended fuels. The increases could push the average national price to a record $3.50 a gallon or more by June. That would be 17 percent higher than today's average of just under $3 a gallon, which already is about 80 cents a gallon higher than a year ago levels.

No comments: