Daily Republic | Former oil exec: $5-a-gallon gas on the way Marion Star John Hofmeister attracted national attention in 2010 when he predicted that average U.S. gasoline prices would soar to $5 a gallon in 2012, thanks to rising crude oil prices. His forecast fell short, as the cost of filling up flirted with $4 in 2012 ... MOONEY: No, cheap oil prices probably won't crash your 401(k) |