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2012 gas prices may hit record highs


COLUMBIA (WACH)â?? A â??cause for concern,â?? are the words of GasBuddy.comâ??s Senior Petroleum Analyst Gregg Laskoski, citing the fact that the trend for the last 7 years the average peak for gas prices has been between $.93 and $1.31 per gallon over the average January 1 price.


Laskoski says that 2011 is a good example, when gas prices closed out 2010 with a national average of $3.05 a gallon, reaching a peak in 2011 of $3.96 per gallon.


GasBuddy.comâ??s Patrick DeHaan says that with the annual summertime rise in gas prices, if national prices donâ??t move closer to the $3 per gallon mark, gas could be over $4 per gallon by spring.


According to ColumbiaGasPrices.com, the average price of gas in Columbia on January 1 was $3.08 per gallon.


Columbia average "start price" to peak retail gasoline prices:





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2007:

Start Price: $2.15/g on 1/1/2007

Peak Price: $3.01/g on 5/21/2007

Difference: 86.8 cents per gallon


2008:

Start Price: $2.90/g on 1/1/2008

Peak Price: $4.20/g on 9/14/2008

Difference: 130.6 cents per gallon


2009:

Start Price: $1.40/g on 1/1/2009

Peak Price: $2.55/g on 6/13/2009

Difference: 115.4 cents per gallon


2010:

Start Price: $2.45/g on 1/1/2010

Peak Price: $2.91/g on 12/29/2010

Difference: 46.0 cents per gallon


2011:

Start Price: $2.90/g on 1/1/2011

Peak Price: $3.74/g on 5/5/2011

Difference: 84.3 cents per gallon


DeHaan did point out that past performance is no indication of future prices.


If you want to find the cheapest gas in your area, simply click on the Pain at the Pump link.

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