If we approach $3 a gallon, we’ll hit the squawk level,” says Mr. Fitzpatrick.
However, Fitzpatrick doesn’t think gasoline prices will get that high. He thinks it will peak by July 4 at $2.60 to $2.70 a gallon and as much as $3 a gallon in California.
that oil is now heading for $70 to $74 a barrel, then hopefully it stabilizes,” says Phil Flynn, director of research at Alaron Trading in Chicago. “Then, it depends on the economy from that point forward.”
This summer’s gas price forecast better than last | csmonitor.com
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