Gasoline prices typically rise heading into peak spring and summer driving seasons. But 2013's runup is earlier and faster than in previous years.
After sending consumers into sticker shock the past month, how much more can gasoline prices climb? Another 20 to 50 cents a gallon — a level that could propel the cost of gasoline, now $3.77 a gallon, to all-time highs, some experts say.
Gasoline prices typically climb from February to Memorial Day on expectations of rising consumption and costlier summer-blend gas. But so far this year, prices are surging sooner and faster than ever before — up 47 cents since mid-January.
24/7 WALL ST.: States with the highest gas prices
Consumers in some metropolitan areas, such as Southern California, are already paying nearly $5.20 a gallon, up more than 75 cents since December lows.
READ MORE:http://www.usatoday.com/story/money/nation/2013/02/19/2013-gasoline-prices-could-flirt-with-all-time-highs/1930681//
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