Gas Prices rise again across US

Gas prices went up again across the nation, but experts say they are likely to peak soon.  The national average increased more than 2 cents in the last week to $3.65 per gallon, 13 cents higher than a month ago and 16 cents higher than a year ago.  GasBuddy.com reports that while the national average has risen for twelve straight weeks, it is likely nearing a peak. Gas price increases have continued since early February but are likely nearing an end as oil refineries conclude seasonal maintenance, and the switchover to summer gasoline is nearing completion. Meanwhile, oil inventories are at their highest ever level as reported by the Energy Information Administration, which cited crude oil stocks at a record high of 397.7 million barrels, which should help propel oil prices lower in coming weeks as some storage facilities near capacity. For motorists, the peak to retail gasoline prices is likely very near, with some relief to follow in coming weeks as pressure eases on factors that drive gasoline prices.