Gas prices cruise above $2, likely to stay

March 30, 2009|By Michael Dresser | Michael Dresser,michael.dresser@baltsun.com

Gas for under $2? Put it down as too good to last.

AAA Mid-Atlantic reported Sunday that the average price of a gallon of regular-grade gasoline in Maryland has risen above two bucks after four months below that level.

After bottoming out at about $1.70 in January, the Maryland average rose to $2.03 Sunday, according to AAA. Sub-$2 gasoline lingered at some low-cost, mostly rural stations, but most in the Baltimore area appeared to have breached that barrier over the weekend.

The consolation is that gas prices remain far below their levels of a year ago, when the Maryland average stood at $3.26.

Ragina C. Averella, manager of public and government affairs for AAA, said drivers "shouldn't hold their breath" waiting for stable prices.

"Normally, we see some price increases in April, and this year will be no different," she said. "We'll likely see prices between $2 and $2.25 in most markets."

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