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Economy may drive gas prices up

Posted by rohit on Mar 11th, 2010 and filed under Naples News. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.


Economy may drive gas prices up

By
WINK News

Story Created:
Mar 11, 2010 at 6:35 AM EST

Story Updated:
Mar 11, 2010 at 6:35 AM EST

Americans haven’t see three-dollar gas since before the recession
started… but that may change by Memorial Day.

Gas prices typically climb as summer approaches and this year’s… no
different.

Gas rose about a dime over the last two weeks to a national average of two seventy-three a gallon that’s almost 80 cents more than a year ago. And analysts predict the average could hit three dollars a gallon by next month.

But it’s the shaky economy that may keep many Americans OFF the road.

So is this spring time surge a preview of what’s to come? While some analysts say gas could reach three twenty-five a gallon by July… prices are expected to fall again as summer winds down.

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