Gas Hovers Under $3.50, Will Go Higher

I was sipping my coffee this morning and watching the news about the earthquake I slept through and I was mildly shocked to hear during a financial update that the national average price for a gallon of gas has hit $3.45, according to AAA.

The real surprise, though, was the notion that it’s pretty much a foregone conclusion we’ll pass $3.50 very soon. I hadn’t thought we’d be there this soon, and unlike surges in gas prices since Katrina, the rise in prices has not seen any real decline since the beginning of the year.

The psychological $4 gallon mark is fast approaching. I expect to see sales of the Ford Focus continue to rise.