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Gas prices to hit $4?

koaa.com reports gasoline prices have shot up again.

"Unfortunately gas has gone up 29 cents on average over last month," according to Eric Escondero - spokesperson for AAA Colorado. AAA reports Colorado gas prices are still two cents below the national average for the 25 th consecutive week, and only four cents higher than what they were one year ago.

Startribune.com reports all across the nation people and companies are fearing higher gas prices, but they soon might be jumping to new highs. Some fear $4-a-gallon gas looms soon.

"I am in the camp that we will go higher, perhaps a lot higher. I think we are one disruption or problem away from $4-a-gallon gasoline," said Phil Flynn, a veteran oil analyst for Alaron Trading, a Chicago-based commodities trading company.

http://www.koaa.com/news/view.asp?ID=7547

http://www.startribune.com/535/story/1148921.html