Don’t expect gasoline prices to go down any time soon

As the price of gasoline at the pump continues to soar nationally, Houston motorists can breathe a sigh of relief as prices remain a bit lower here.
But for how long, that’s a different question.
Nationally, the average price for unleaded regular gasoline at the pump topped $3.51 a gallon, a cent higher than the record average price last year, according to AAA gas gauge. Houston drivers are paying on average $3.43, or or 4 cents more than last week.
Gasoline prices have been slowly climbing to the $4 mark in 2012 as three northeast refineries close, high oil prices and tensions in the Middle East drive up the price at the pump. So far, gasoline prices have risen more than 20 cents in the past month, and those prices are likely to climb even higher.












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