Gas Price Peak Not As High As First Predicted

Font Size By WKRG Staff/The Associated Press
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M30o93H7pQ09L8X1t49cHY01Z5j4TT91fGfr Gas Price Peak Not As High As First Predicted
Published: Tue, April 08, 2008 - 11:23 am
Last Updated: Wed, June 04, 2008 - 3:48 pm
NEW YORK (AP) - The Energy Department predicts that gasoline
prices will peak at around $3.60 a gallon in June. The government
thinks that high prices will help curb demand.
In a monthly update, the Energy Information Administration says
high prices and a weak economy should cut demand for gas by about
four-tenths of a percent during the summer peak driving season.
The AAA and Oil Price Information Service report that gas prices
have slipped slightly overnight to a national average of $3.331 a
gallon from yesterday's record of $3.339. That is up 55 cents from
a year ago.
AAA Alabama said the average statewide price for regular is
$3.25 a gallon today. That's a penny increase from Monday's price.

Current Gas Prices (Tuesday, April 8)
National - $3.331
Alabama - $3.250*
Mobile - $3.287*
Florida - $3.388*
Pensacola - $3.318*
Mississippi -$3.236*
Pascagoula - $3.275
*Record High

Find the cheapest gas where you live
Alabama
Florida
Mississippi


(Copyright 2008 by The Associated Press. All Rights Reserved.)



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