We haven’t seen $4.00 a gallon gas in Madison for some time, but it could happen this spring. That from Erin Roth of the Wisconsin Petroleum Council. “It’s all what the price of crude oil is. So you need to watch that as a consumer because eventually if the price of crude continues to rise, that will mean eventually the prices will rise at the pump.”
Roth has been saying prices should stabilize in March, but then there will be increased demand with more spring and summer travel. In Wisconsin’s Capital City, many stations remain at $3.75 a gallon today, some are down to $3.69. “I can’t predict where prices are gonna go. I did see AAA said they expected it to peak at $3.95. Of course that’s just a prediction.”
Roth says it all pretty much depends on supply and demand in this global market. Wisconsin saw $4.12 a gallon back in May of 2011.
AUDIO: John Colbert report :38