Gas Files 3/22: Prices Hold, But for How Long?

It appears gas prices have hit a plateau after drastic increases in the past month, as they have now remained more or less consistent for the past two weeks.

Of the stations we monitor, the 7-Eleven in East Ambler remains the cheapest, at $3.45 a gallon, and has been at that price for three consecutive weeks.

However, a recent Philadephia Inquirer article states that it is still too early to tell if this is a trend, or whether or not prices have leveled out permanently.

The piece quotes an industry expert as saying that there are still too many "X-factors," such as unrest in the Middle East and the aftermath of the natural disasters in Japan, to make long-term predictions.