Experts Say Gas Could Rise to $4 a Gallon by Summer

Prices have surged past the $100 a barrel mark again and "Business Insider" reports that "some oil analysts predict $4.50 a gallon or more by Memorial Day on the West Coast and major cities across the United States such as Chicago, New York and Atlanta."

There are several factors affecting gasoline prices, since the Great Recession Americans have been driving less due to unemployment or fear of losing their jobs.

And those Americans still willing to spend their hard-earned dollars are sliding into the seat in front of their computers rather than sliding behind the wheel of their car, reports "The Wall Street Journal," as e-commerce figures shows a 16 percent increase in onlines sales in the fourth quarter of 2011.

But in February 2010, we were paying $2.50 per gallon, by May of last year gas prices had risin to a shocking $4.01 per gallon. Americans started curtailing their driving and the market responded.

Gas prices steadly dropped since it reached the four-buck mark and by the first day of 2012 prices had dropped to $3.10.

Now prices are heading upwards, the average gas price in Atlanta (according to GasBuddy.com) at $3.56.

What do you think of the rise in the cost of gasoline?