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Gas prices bounding toward $3 and might not stop

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The average price of gasoline in the Fargo-Moorhead area is poised to hit $3 a gallon for the first time in more than two years, and observers say it could go higher this spring and summer, potentially putting a damper on travel and the economy.

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Tuesday's metro average was $2.98 for a gallon of regular gasoline, according to AAA North Dakota.

That's up a dime from a week ago, 19 cents over last month, 32 cents over six months ago and nearly 50 cents over a year ago.

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