Thread: Gulp! Gas Prices Could Hit $6 A Gallon, One Expert Says

CHICAGO (CBS)

Gulp! Gas Prices Could Hit $6 A Gallon, One Expert Says

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CHICAGO (CBS) — Talk about pain at the pump. One analyst says we could soon be paying $6 for a gallon of gasoline, under certain circumstances.

CBS 2’s Derrick Blakley explains.

Three big factors — the weaker dollar, strong demand and tight supplies – drove recent hikes in gas prices. That’s even before the summer driving season, when prices usually jump.

Commodities analyst Richard Hastings says don’t look for any relief soon.

“This year, you get more than $4 a gallon … all the way through until September,â€

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