MotorHome, February 26, 2008
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According to AAA and the Oil Price Information Service Retail, gas prices rose 2.2 cents to a national average of $3.137 a gallon from $3.115 on February 22, the highest since June 8, 2007.
While some analysts say gas prices could climb to record highs between $3.75 and $4 a gallon this spring, other analysts point to inventory levels at a 14-year high that won't support these prices for long. The Energy Department's latest forecast calls for gas prices to peak near $3.40 a gallon by then.
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