GASOLINE PRICES CONTINUE TO SPIKE

(03/14/2007)
Gasoline prices are continuing their steady increase, some predicting the price per gallon could reach $3 during the summer drive season.

In West Virginia, the price rose about five cents a gallon in a week.

The cost of low test around the state was between $2.60 and $2.70 a gallon.

Meanwhile, oil giant Exxon Mobil Corp. posted the largest annual profit by any U.S. company, ever - $39.5 billion.

The 2006 profit topped Exxon Mobil's own previous record of $36.13 billion set in 2005.