Are gas prices peaking? I doubt it!
Given that analysts are forecasting that Americans will be driving an average of 8.5 billion miles per day this summer compared to 8.4 billion last year, it is probable that any dip will be short-lived at best. Of course any sustained increase in prices will drive more people to more efficient vehicles or fewer miles, either of which is a good thing in the long term.
[Source: USA Today]
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