Gasoline price spike has only just begun

Gasoline has hit record levels - and experts say it will likely continue to soar in tandem with the skyrocketing price of crude. The national average retail price for gas has risen about 30 cents in the past month to $3.279 a gallon (Snip) And experts say motorists should prepare to pay nearly $4 a gallon - and in some places even more than that - before the price of gas finally comes down in the late spring as high prices crimp demand.

[are we ready to demand drilling yet?]

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