Will Gas Pump Prices Keep Rising?

Prices at the pump have been inching higher all month, but don’t expect the trend to continue, according to AAA.

The summer driving season spikes demand and tends to push prices higher, and the recent rise may have been partly fueled by concerns about a possible confrontation with Iran over its nuclear program, according to the drivers’ association.

The outlook, though, is for prices to stay level through Labor Day.

At the end of June, a gallon of regular averaged 3.40 a gallon in the five-county Philadelphia area.

Read more:  http://www.philly.com/philly/business/homepage/20120730_Will_gas_pump_prices_keep_rising_.html