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U.S. Fuel Prices May Reach $3 Per Gallon by Summer
Average gasoline prices in the U.S. continue to rise, buoyed by rising consumption and falling fuel supplies.
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Average gasoline prices in the U.S. continue to rise, buoyed by rising demand and falling stocks. Experts predict more of the same till mid-year.
Auto insurer AAA says the national average is at $2.45 per gallon, up from $2.28 a month ago. The average was at $2.53 at this time a year ago.
Some analysts say gasoline could reach $3 per gallon by the time the summer peak driving season arrives. Prices last year topped out at $2.98 per gallon in May.
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