Gasoline prices likely to go higher

Rare winter price rise

WASHINGTON

A number of analysts, including those at Wachovia and Moody’s Economy.com, say prices will likely inch higher through December.

“With supplies going down and demand going up, we should still see the price go up,” Alaron Trading analyst Phil Flynn says. But that doesn’t mean prices will skyrocket. Flynn expects the price at the pump will go up another 5 to 10 cents by Christmas.

USA Today