June 7, 2008 in Business

Gas prices

The Spokesman-Review
The Spokesman-Review photo

A cyclist passes a Chevron gas sign in Salt Lake City.
(Full-size photo)

Gas hovers near $4

U.S. drivers paid an average of $3.99 Friday for a gallon of regular gas, according to AAA and the Oil Price Information Service. James Cordier, of Tampa, Fla.-based trading firm Liberty Trading Group, predicted prices could rise to $4.25 by the end of June: “Unfortunately, drivers cutting back isn’t going to lower the price of gasoline anytime soon.”

Gas hovers near $4

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