Gas prices are highest ever for this time of year
Post# of 103183
Posted On: 02/20/2012 8:35:38 AM
Gas prices are highest ever for this time of year
NEW YORK - Gasoline prices have never been higher this time of the year.
At $3.53 a gallon, prices are already up 25 cents since Jan. 1. And experts say they could reach a record $4.25 a gallon by late April.
"You're going to see a lot more staycations this year," says Michael Lynch, president of Strategic Energy & Economic Research. "When the price gets anywhere near $4, you really see people react."
http://www.cnbc.com/id/46439046
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