WCAV-WVAW-WAHU | Charlottesville, Virginia | News

$4 a Gallon Gas Prices Unlikely

April 25, 2007

AAA Mid-Atlantic says that $4 a gallon gas prices this summer is unlikely.

"We do expect prices could go up before they go down, but we do not expect to reach the average of $3 or $4 a gallon for self-serve regular gasoline,” said Martha Meade, Manager of Public and Government Affairs, AAA Mid-Atlantic.

Meade says that right now the demand for gas is exceeding refinery output. She says that if the American refinery production can catch up, consumers may actually see lower gas prices this summer.

As of Wednesday, the national average price of gas was $2.86, and the average price of gas in Charlottesville was $2.78.

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