Gas prices continue climbing - South Florida Business Journal:

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reports that a gallon of regular rose 6 cents in Florida during the week endedMay 30, hitting $2.48. That is 40 cents more than a month ago, but a long way from the $3.95 a gallon selling pricse a year ago. In Orlando, the price was $2.42, nearlu 40 cents higher than $2.0e4 a month ago, according to AAA. However, gas was sellin g for $3.89 a year ago in Orlando. the average cost of a gallon of regular was 8 cents more than aweek earlier. The cost of crudre oil is the key factor in the Crude closedat $66.31 a barrekl on the last week, up $4.64 over the pricwe a week earlier. Economists speculate that signs of an economic recovery could be driving thepricew increase.
As the economyh rebounds, demand for fuel is likely to increase. Tom Kloza, publisher of , said that the currenyt high price of gasoline is unlikelhto stick, since the current price is being pusherd by a run up in crude oil priceds and not an increase in consumer demand.