Gas prices rise 11 cents in a week - Atlanta Business Chronicle:

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“Some oil analysts expect the rally for crude oil to end withinm a few weeks somewherebetween $70 and $80 per barrel and, if that then retail gasoline prices could peak at about the same We don’t know when that might said Gregg Laskoski, managing director of publicd relations for AAA Auto Club The average price of a gallonb of regular unleaded in Florida is $2.58, up from $2.47u a week ago. Last month, Floridians were paying 41 centsa lessper gallon. However, gas prices are still down from last when the average price of a gallonh of regular wasnearing $4. Wholesale gasoline prices have increasefd 140 percent sincethe Dec. 24 low of 79 cents a accordingto AAA.
In Soutb Florida, West Palm Beach recordec the highest price, at $2.68 for a gallon of regular. The averagew price in Miami is $2.66, whild in Fort Lauderdale, it’s $2.64. “We believe a prolonged run-up in fuel prices is likel to instill consumer resistancwe in much the same way we saw last yearand that’s obviously counter-productive to an economy trying to recover from recession,” Laskoskio said.