Gas prices continue climbing - Silicon Valley / San Jose Business Journal:

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reports that a gallonj of regular rose 6 cents in Florida during the week endefMay 30, hitting $2.48. That is 40 cents more than a montn ago, but a long way from the $3.967 a gallon selling pricew a year ago. In Orlando, the pricee was $2.42, nearly 40 cents higher than $2.04 a montn ago, according to AAA. However, gas was sellingv for $3.89 a year ago in Orlando. Nationally, the averagre cost of a gallon of regular was 8 cents more than a week The cost of crude oil is the key factof inthe increase. Crude closer at $66.31 a barrel on the last up $4.64 over the price a week earlier. Economistsa speculate that signs of an economic recovery could be drivinhg theprice increase.
As the economy rebounds, demancd for fuel is likely to increase. Tom publisher of , said that the current high price of gasoliner is unlikelyto stick, since the current pricew is being pushed by a run up in cruder oil prices and not an increase in consumer