Could Gas Price Exceed $5/Gallon Locally?

Gas prices continue to climb across the country. On Friday, AAA indicated the average price in Allegany County was $4.37 per gallon for regular gas up from $3.98 a week ago and just under the national average of $4.39. Highest price? Over $6 per gallon right now in California. Fox News’ Lauren Simonetti has more on the pressure at the pump…

“With this standoff at the Strait of Hormuz where one-fifth of global oil flows, some analysts do see $5 gas this month. That prediction assumes a stalemate and that demand isn’t hurt by high prices.”