Gas May Soon Cost a Sawbuck

The New York Sun reports:

Get ready for another economic shock of major proportions — a virtual doubling of prices at the gas pump to as much as $10 a gallon.


A customer pumps gas in Los Angeles, where self-serve regular gasoline exceeds 4 dollars a gallon.

That’s the message from a couple of analytical energy industry trackers, both of whom, based on the surging oil prices, see considerably more pain at the pump than most drivers realize.