USD 93.2918

+0.04

EUR 99.5609

+0.2

Brent 88.45

+0.01

Natural gas 2.127

-0

643

U.S. Gas Prices to Soar in Spring

The U.S. gas prices are likey to soar in spring

U.S. Gas Prices to Soar in Spring

The U.S. gas prices are likey to soar in spring, as refiners and gas stations switch from winter-to summer-blended fuels, experts say.

The increases, starting as early as February in southern California, could push the average national price to a record $3.50 a gallon or more by June.

That would be 17 percent higher than today's average of just under $3 a gallon, which already is about 80 cents a gallon higher than year-ago levels thanks to the surge of crude oil that took futures prices briefly to $100 a barrel.

Prices in urban areas on each coast could approach $4 a gallon.

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