2012 could be most expensive year for gasoline ever - WREX.com – Rockford’s News Leader

2012 could be most expensive year for gasoline ever


With the yearly national average at $3.63 per gallon of gas, the United States is paying more than ever to keep their cars on the road.

Although it is still mathematically possible for 2012 to close without becoming the most expensive year for gas, according to GasBuddy.com, that would take a drop to $2.35 per gallon or lower for the rest of the year.

"There's no question that the national numbers were elevated by major supply problems in California over the summer and more recently on the East Coast when Hurricane Sandy delivered major flood damage and power outages at the northeastern refineries," GasBuddy.com Petroleum Analyst Gregg Laskoski said. "It reminds us exactly how vulnerable our nation's fuel infrastructure is and why the U.S. should be looking to increase refining capacity where it is needed most."

The average price for gas was $3.51 in 2011.

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