How much is filling up going to cost you this Summer?

Gas prices are once again steadily climbing with Spring approaching, the possibility now looming for prices to equal last year's highs of $3 a gallon. Prices in Detroit are up 38 cents in just the last month and are now as high as they were in early December. While prices may fail to reach the $3 level, the fact that Summer prices have for two years running now indicates that the market can sustain such prices during the warmer months.

Analysis: It almost feels like people have come to terms with high gas prices in the same way that most people now believe that climate change is well under way. Why would the oil companies do anything but push the prices to $3 a gallon over Summer if they know everyone will keep filling up?

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[Source: Detroit News via Wired]

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