Investing

Gas Prices Close In On $3

The traffic on the nation’s roads may be a little light this Christmas. Gasoline prices has spiked up.

The average price for regular gasoline at U.S. filling stations rose 3.92 cents to $2.9121 a gallon,the Lundberg survey reported according to Bloomberg. “What we’re seeing is really just the tip of the iceberg,” Trilby Lundberg told the news service today in a telephone interview. “At the retail level, we could see another six to eight more cents” per gallon as refiners pass through higher crude costs.

People who normally get a piece of coal in their stockings will get a gallon of gas this year instead.

Douglas A. McIntyre

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