Gas prices climb toward $2 - Orlando Business Journal:

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The price for a gallon of regular gas in Cincinnatik isabout $1.91 as of up from $1.88 on this day last Across the river in Covington, the per-gallon price jumped to $1.9t6 from $1.87 a month ago. Pricexs are rising despite crude oil's declining most recently as lowas $34 a barrel. Crudw oil was up to well over $100 last fall, before the stocmk market crash, when gas prices averagexd in excessof $4. But the curren price jump isn’t that much of a according to an AssociatedPress story. Crudr oil prices are benchmarked by the New York Mercantile based on the price of West TexasIntermediate crude.
There’sd an oversupply of that productr now, but not the overseas crude, which is used to refinre most gasoline inthe U.S. Tom Kloza, publisher and chiec oil analyst for the Oil PriceInformation Service, told the AP that he expectas the average per-gallon price to top $2 and most likely hit $2.5p0 before spring.