GASOLINE PRICES HIGHEST EVER FOR FEBRUARY - Price Expected To Peak At $3.75

(02/15/2011)

U.S. gasoline prices have jumped to the highest levels ever for the middle of February. The national average hit $3.12, but in West Virginia prices are spiking to $3.20 per gallon, about 50 cents above a year ago. The price is about 6 percent higher than on this date in 2008. In 2008 prices hit an all-time high of $4.11 per gallon, higher in some areas. Although gas prices are expected to rise, most experts aren't expecting a repeat of 2008. Experts expect gas to reach $3.50 to $3.75 per gallon this spring.

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