Arkansas Gas Prices Headed Toward $4/gallon
By: Alexa Hamblin
Updated: May 17, 2007
Gas prices have risen to record levels in the past few months. Bill McClure, CEO of Arkansas' fuelmeup.com, predicts gas prices in some markets could rise to over $4.00 per gallon in the next few weeks. "I see nothing in sight to slow down the increases in gas pricing," McClure says. McClure says we are seeing prices today vary from $3.89 in San Francisco, to $2.99 per gallon in Miami, Florida.
Many factors could drive prices even higher. The uncertainty in the Persian Gulf, refinery capacity problems, the approaching hurricane season, lower gasoline inventory and high consumer demand will all affect summer gas prices.
Many FuelMeUp.com consumers are planning ahead by locating the cheapest price of gasoline along their route. Prices can vary as much as $.80 per gallon over small distances and the website could help motorists who are watching their wallets. With Memorial Day approaching, many consumers are planning to stay close to home visiting lakes and state parks. FuelMeUp.com is a consumer-driven site to help visitors find the lowest-priced gasoline in their city or zip code. The site tracks gasoline prices in thousands of stations nationwide and updates prices three times a day.
On the web: http://www.fuelmeup.com/
(Copyright 2007 Newsroom Solutions, LLC)
