Experts Predict Gas Prices to Skyrocket in 2012

ST. LOUIS, Mo. (KMOX) — Experts warn that this year gas prices could break the bank.

Analysts with GasBuddy.com say some early indications show this year consumers may see the highest ever recorded prices at the pump, with most areas seeing close to $5  a gallon before years end. They point to a possible conflict in Iran could raise prices.

Currently most gas pumps in St. Louis should read around $3.11 a gallon. That’s down 1 cent from last week. The national average sits at $3.25 a gallon.

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