
What happens with gas prices this summer depends on whether hurricanes strike, demand changes and the financial crisis in Europe is resolved, said Tom Crosby, AAA Carolinas vice president of communications.
Demand for gasoline and diesel fuel is improving, but the price is still hovering around the $2.70 per gallon mark nationwide that’s expected for summer, said Mary Welge, an editor of Oil Price Information. She didn’t anticipate prices reaching $3 a gallon.
After several weeks of declining crude oil prices, those prices started rising this week.
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