$4 gas coming this spring, nearing $5 in some cities by summer
Los Angeles Times -- Maybe you'll want to start salting away money for 2012 fuel costs now. Get ready to see $4-a-gallon
gasoline in various parts of the U.S. sometime this spring, according to one prediction. Another prediction says that some
of the nation's biggest cities -- such as Chicago, Los Angeles and New York -- will see record Memorial Day averages of
$4.55 to $4.95 for a gallon of regular gasoline.
The predictions come from two sources. One is the Oil Price Information Service in New Jersey, which provides the daily
averages for the AAA Fuel Gauge Report, using retail receipts from more than 100,000 retail outlets across the U.S.