AP says gas prices have set a record for winter, and could be higher this spring
Did you see the headline on an Associated Press story today about gas prices?
We have it on the front page of The Monroe Evening News, and you can find the article all over the Internet this morning including at WRAL TV 5 in Raleigh, N.C.
Here’s the lead:
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.”
On the assumption this is a valid prediction, we’ll talk about that quite a bit in the weeks to come. In the meantime, here’s a link to our previous discussions on gas prices.