Lundberg: Gas Prices Expected To Rise Despite Recent Declines
By: Import User
Updated: March 23, 2009
(New York, NY) -- Gasoline prices dipped a little lower over the past two weeks but will likely crawl back up in coming weeks.
The latest Lundberg survey predicts increasing demand and stricter environmental regulations will boost prices at the pump.
The national average price for regular unleaded gasoline was $1.95 a gallon on March 20th, down just over one cent a gallon in the past two weeks.
Gas prices have been increasing steadily since mid-December when the average hit $1.66 a gallon.
However, the current average price is still $1.31 cheaper than motorists were paying at this time last year.
That's also well below the all-time high of $4.11 a gallon set in July of last year.
(Copyright 2009 by Newsroom Solutions)
