Gas Prices Climb Slightly

By: Associated Press
By: Associated Press

Motorists are getting more bad news when they "fill 'er up."

The latest Lundberg Survey reports the average price of self-serve regular nationwide has gone up five and a-half cents a gallon in the past two weeks. It's now at about $2.6.

According to AAA Alabama's fuel gauge report Monday, the statewide average for regular is two dollars, 44 cents a gallon. Midgrade fuel is $2.61 and the average cost for premium is $2.69 a gallon.

Analyst Trilby Lundberg says don't despair. Refining capacity is being restored after an extra heavy year of repairs and maintenance. She says if crude oil prices don't jump further and the supply isn't threatened, gas prices will probably peak and then fall, perhaps prior to mid-April.

(Copyright 2007 by The Associated Press. All Rights Reserved.)

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