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A "sizable number" of Americans think gas will hit $5/gallon by Labor Day

Photo by ^Riza^. Licensed under Creative Commons license 2.0. The seemingly relentless march of gas prices in the upward direction has become, well, not quite so relentless. For now, gas prices are hovering around the $4/gallon mark, but what's in store for the rest of 2008? A national survey has found that "a sizable number" of Americans think that the end of summer (Labor Day) will bring $5/gallon gasoline. Of course, this doesn't mean prices will hit that mark, but a similar study conducted by the same group in January found that 71 percent ... Read more →

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