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Gas Prices Could Reach Their Peak
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Published: June 3, 2008
TAMPA - The U.S. dollar is strengthening.
And with that, the record-setting gas prices in Florida and across the country could stall, according to AAA Auto Club South.
Last week, the U.S. Department of Energy stated there was a report of a drop in crude oil and gasoline inventories, yet refinery output remained high at nearly 88 percent.
Even still, the national average price for a regular gallon of gasoline rose to more than $3.97, inching closer to the dreaded $4 mark.
Florida's average is at $3.96.
One year ago, consumers bought gas at an average of less than $3.10 per gallon.
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