Friday, January 21, 2011

Gas prices not going down

It appears $3 gas is here to stay. The U.S. Energy Information Agency predicted Thursday that retail gasoline prices would remain above $3 per gallon through summer driving season, and warned that the price might go even higher. Unleaded gasoline averaged $3.11 nationally, according to the AAA, and $3.10 in Iowa. The EIA said it expects unleaded gasoline to sell at retail for an average of $3.22 per gallon during the peak driving season of April through September.

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