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Politics : American Presidential Politics and foreign affairs

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To: Peter Dierks who wrote (49966)	3/18/2012 5:16:46 PM
From: Hope Praytochange	Read Replies (2) of 71588

Gasoline prices rise for 9th straight day By Deborah Levine, MarketWatch NEW YORK (MarketWatch) — Gasoline prices in the U.S. rose on Sunday for a ninth straight day, continuing a climb back toward the record highs set in 2008. Click to Play Opinion: What's behind gas prices? Daniel Yergin, chairman of IHS Cambridge Energy Research Associates, says geopolitics is fueling the rise in fuel prices. The national average price for a gallon of gas rose to $3.838, according to motorist group AAA’s fuel gauge report. That’s up from about $3.53 a month ago. Average prices are above or near $4 a gallon in California, Nevada, Oregon, Washington, New York, and six other states, according to CNN. The nation’s record high of $4.11 was set in July 2008, the news service said. Prices at the pump have increased along with rising crude-oil futures, which are up 8.4% this year, boosted by an improving economic outlook in the U.S. and escalating tensions with Iran, among the world’s top five oil producers. See story on oil futures.

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