Now in the Rearview Mirror: Low Gasoline Prices

Analysts warn that gasoline prices could jump further when the driving season begins. Yet there have been no shortages or hurricanes to blame for the high cost of fuel this year. Now, strong demand, limited growth in supplies and instability in some of the leading oil-producing nations are all contributing to more volatile oil markets, therefore higher gasoline prices.

Americans are increasingly facing the fact that inexpensive gasoline, like airline meals, has become a thing of the past. “Motorists need to prepare themselves for the possibility that gasoline will continue to go up each year,” said Geoff Sundstrom, a spokesman for the national office of AAA in Heathrow, Fla. “There will be peaks and valleys, but prices will keep going up.”
New York Times