We think that pricing pressures should ease and prices should come down or moderate by late May or early June barring any major catastrophe. I would say $3 a gallon is always within reach.
In general, $2 a gallon is a thing of the past. We have increasing global demand, decreasing availability of oil and higher costs associated with extracting it and refining it, so the days of cheap gas have probably been over for two or three years.
Gas prices could easily hit $3 per gallon this summer. That threshold was already reached last year.