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Gas costs back on road to $3

Quote:

The steady climb to higher spring gasoline prices is under way and a repeat of last year's $3 a gallon is a strong possibility.

The average price for a gallon of regular in Metro Detroit reached $2.28 Monday, according AAA Michigan. That's up 38 cents from a month ago and the highest price at the pump since Dec. 4.

Statewide, the average price for a gallon of gas is $2.30.

Pump prices are more than a dime higher than at this time last year, fueling concerns that Michigan drivers again could soon pay $3 a gallon -- as they have the past two summers.

https://www.detnews.com/apps/pbcs.dll...29/1148/AUTO01

Quote:

Pump prices are more than a dime higher than at this time last year

Gas prices today are 93.5 cents on average in my neck of the woods, a good 6 cents more than last year at this date.

https://66.70.86.46/test.gaschart?Cou...&Unit=US%20$/G

It seems that gas tends to rise in February and continue up into the summer. $3 gas in the summer seems very possible to me.

I'd even be willing to bet on $3.50-4.00 this summer.