Over the Christmas holiday you may have noticed the signs. No, not the tell-tale signs, the actual retail signs at the service station heralding a new era of gas prices above $3, and if you've been reading the press lately the predictions are that its going to get worse, possibly much worse.
Around Thanksgiving AAA set things in motion by predicting gas prices of $3.50 by this spring. This was enough to get the journalist circling as they could smell blood in the water. Soon after Thanksgiving analysts further baited them with predictions even higher, up to $4 a gallon. Without skipping a beat, many of them bit.
And then, right on the heels of Christmas, the ultimate chum was thrown in the water, $5 gallon by 2012! Let the feeding frenzy begin! There's no telling where the actual price will end up, but one things for sure...we're gonna need a bigger boat (or at least a more fuel-efficient one).
What do you think of these rising gas prices? Share your comments below.