"Sign of the times: $3.61 gas is a bargain!" The Columbus Dispatch

Link: Sign of the times: $3.61 gas is a bargain!
The Columbus Dispatch
May 14, 2008

...The central Ohio average of $3.83 was a record, said Brad Proctor, founder of GasPriceWatch.com. That's a direct result of the price of crude oil, experts said, which climbed to nearly $127 a barrel yesterday, also a record.

The coming weeks could see a national average around $4 for a gallon of regular unleaded, said Eric Wittenauer, energy futures analyst for Wachovia Securities in St. Louis.

Beyond that, he shied away from predictions.

"It's unbelievable," Proctor said. "As we march toward Memorial Day, there is still room to keep going up. There is the possibility of another 10- to 25-cent increase in the next week or so. We will just see the national average climb."...