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.