Sunday, March 28, 2004

Dude, I Can't Afford To Drive My Car

Subtitle: The Real Reason Bush Will Lose in November

LOS ANGELES (AP) -- Gasoline prices across the country climbed another 3 cents in the past two weeks to a record-high average of $1.80 per gallon for all grades, according to a study released Sunday.

There is little chance of prices falling significantly in the near future, because increased demand will likely result from an improving economy, Memorial Day travel, and even the extra hour of light from daylight savings time, said Trilby Lundberg of the Lundberg Survey of 8,000 stations nationwide.

"The demand push this time of year is adding to supply tightness and therefore price," Lundberg said. "I don't see any recipe for substantial gasoline price cuts anytime soon."