Monday, July 16, 2012

Gas prices pass $2.50 in Phila. - Philadelphia Business Journal:

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The weekend increase in gas prices, which also occurref in New Jerseyand Delaware, is the 10th in 13 said , which released its latest Fuel Gauges Report on Monday. Since Friday, the average priced per gallon for gas has climbec by 4 cents inNew Jersey, Pennsylvania and the five-county Philadelphiaw region, and by 3 cents in Delawar and South Jersey. Area gas prices are expectedd to continue to climb over the Catherine L. Rossi, manager of public and government affairds forAAA Mid-Atlantic, said. “As motorists take to the gas prices are expectesd to peak between now andLabore Day,” Rossi said.
“ When exactlty that short-term peak will come remainsz tobe seem, however, some analystes believe gas prices could revery back down to near $2.00 a gallon by summer’s As of Monday, the current average per gallon for regular gas was $2.54 in the Philadelphia $2.52 across Pennsylvania, $2.42 across Delaware, $2.36 across New Jerseyu and $2.35 in South Jersey.

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