You may have seen a story in print today by Bloomberg News about gasoline prices, including the opinion of some that they could hit $4 a gallon this summer. AAA Mid-Atlantic, the regional motor club, which tracks prices in this region, says don't believe it. AAA spokeswoman Catherine Rossi said in a news release that prices may get to $3 a gallon but that the organization doesn't expect them to reach the average of $3 to $4 a gallon. And if oil refineries can catch up with demand in the next few weeks, "AAA believes motorists will actually see lower gas prices this summer than than they see right now," she said. "Given what we know right now, a $3-$4 average in most areas is unlikely."
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AAA says no $4-a-gallon gas
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Tom Belden, a former Inquirer business writer, has written about Philadelphia International Airport, airlines, the travel industry, the conventions and meetings business for 25 years. He has traveled to all 50 states and extensively in Europe and Mexico.
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Comments (1)
Since when in the history of the automobile have gas prices become lower in the summer when people are going to be driving on vacations?? No matter what the price it never goes down in the summer.
Posted by Dolores Herrmann | April 26, 2007 8:32 AM
Posted on April 26, 2007 08:32