How far will gas prices rise this year?
We have had a pretty long spell of stable gas prices. We went from a high of over $4.00 a gallon last summer to right around $1.60 in December.
With the Memorial Day Holiday coming up, it is expected that with all of the Holiday travelers, that gas prices will once again be on the rise.
It has been said that as the economy recovers, that the fuel demand will increase, thus making the prices rise, but hopefully not as high as they were last summer.
There is one sure fired way to make sure they dont go as high as they were. Stay home or vacation closer to home. This may curtail any cutbacks in production which will cause an increase in prices of gasoline.
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