I just drove by the local gas stations here in Racine and saw prices hovering around the $2.59 mark.
Roughly seven weeks ago I made the following prediction -
"Look for gas prices to rise to roughly $2.70-$2.85 over the next few months to set the pace for $4 gasoline this summer."
The Real Effect
We're not quite to $2.70 yet, but the price is coming. It's just going to take a bit of time.
Edited for appearance and labels on 5/3/2010.
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