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Gas may hit $4/gallon this summer

Submitted by Brent Hugh on Thu, 04/05/2007 - 6:36pm
According to an ABC News article:
Will this be everyone's future? by homernoh, http://flickr.com/photos/thepma/205494165/

"Things are looking pretty bad for the upcoming summer driving season," said Flynn, citing a new government report showing that the U.S. stockpiles of gasoline fell by 5 million barrels in the past week, much more than analysts were expecting.

Flynn said he believes gasoline prices will head into record territory — currently a nationwide average of $3.07 — by the height of the summer season.

"This is the time of year when we're supposed to be building supplies, but it seems like the refiners just can't get ahead of what has been very, very strong demand," he said. . . .

"Everyone asks me, will we see $4 a gallon? And the answer is, there is a strong possibility that we may see $4 a gallon," said Flynn.
Time to break out the ol' bike and work out a nice commuting route, it seems to me.

Or start walking or bicycling on those short local trips that make up the majority of our trips--it's easier than you think.

[Thanks to Randy for the news tip . . . ]
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