Rep. John Peterson (R), who cruised to re-election last year in the 5th district, will seek a seventh term in 2008, an individual with knowledge of the Congressman’s plans said Monday.

Peterson, whose sprawling Republican-leaning district includes football-happy Penn State University, had banked only $85,000 toward his re-election bid at the close of the second quarter.

But the individual with knowledge of Peterson’s plans said he’s been actively raising money and preparing to run again next year.

— David M. Drucker