Where Will Gas Prices Go From Here?

The Energy Department predicts that gasoline prices will peak at around $3.60 a gallon in June. The government thinks that high prices will help curb demand.

In a monthly update, the Energy Information Administration says high prices and a weak economy should cut demand for gas by about four-tenths of a percent during the summer peak driving season.

The AAA and Oil Price Information Service report that gas prices have slipped slightly overnight to a national average of $3.331 a gallon from yesterday's record of $3.339. That is up 55 cents from a year ago.