$3 gas — is it here to stay?

Experts say retreat from record oil prices is near, but relief could be modest, and brief.

NEW YORK (CNN/Money) – The pain of $3 at the pump could end soon for many Americans, but the respite in gasoline prices may be modest — and only temporary, energy experts said Wednesday.

In any event, gasoline prices rarely fall as quickly as they go up, so consumers should get used to higher prices at the pump.
The disruptions to gasoline supplies and U.S. refining capacity that helped drive gasoline prices to record highs are being fixed. But the wider-than-normal gap between wholesale and average retail prices was driven in large part by those supply disruptions, according to the Geoff Sundstrom, a spokesman for AAA.

“With each passing day, based on what we’re hearing about the industry being restarted, this current environment will ease,” said Sundstrom.

CNN/Money