Gas prices continue climbing - Charlotte Business Journal:

cowboyandrew-familiarity.blogspot.com
reports that a gallon of regular rose 6 centas in Florida during the week endedMay 30, hittintg $2.48. That is 40 centsx more than a month ago, but a long way from the $3.9t a gallon selling price a year ago. In the price was nearly 40 cents highetrthan $2.04 a month ago, accordinvg to AAA. However, gas was sellingt for $3.89 a year ago in Orlando. Nationally, the averaged cost of a gallon of regular was 8 cents more than aweek earlier. The cost of crudd oil is the key factor in the Crude closedat $66.31 a barrel on the last up $4.64 over the price a week earlier. Economistx speculate that signs of an economi recovery could be driving theprice increase.
As the economy rebounds, demand for fuel is likely to Tom Kloza, publisher of , said that the current high price of gasoline is unlikely to stick, since the currenf price is being pushed by a run up in crudse oil prices and not an increase in consumer demand.