Oil expert: Get ready for $5/gallon gas

Gas right now is as cheap as it's been in years.

But a former oil executive told USA Today it won't be that way for long.

John Hofmeister originally predicted gas would hit the dreaded $5/gallon mark in 2012 (it peaked around $4/gallon). But now he says demand is growing and production is falling short.

Read USA Today's full story.

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Mike Denison

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