Gas Prices For The Summer

from WWTI Watertown, NY TV 50

Probable $3-a-gallon gasoline, possibly more, painted a bleak picture Monday for lovers of the open road.

Bloomberg News says crude oil costs, lack of refineries and an anticipated shortage of ethanol are likely to push gasoline prices to more than $3 a gallon this summer.

The national average for regular unleaded is now $2.59 a gallon. In Indianapolis, regular unleaded gas is $2.70 a gallon compared to $2.32 a year ago.