Going Up

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Thursday, January 5, 2012 - 10:27am

Experts forecast fuel prices for the coming year.

After a year of high gas prices in 2011, what will 2012 bring?

"We didn't see a lot of ups and downs, but they were consistently high. This was the most expensive gasoline year on record," says Charles Langley of the Utility Consumers' Action Network.

Langley knows what those high prices mean, and what the price in January 2012 means for things to come.

"We're coming out of the starting blocks on a very, very high price," he says.

The first part of January tends to see some of the lowest gas prices of the year.

If prices are higher now, they'll only keep going up.

"That concerns us because it's not uncommon for prices to go up as much as 90 cents, which means we probably break the all time record high," Langley says.
 

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