Dip in gas prices may lift entire economy
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Gasoline prices fell by more than 30 cents a gallon last month, and everyone stands to benefit.
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The effect of high crude oil prices  continued to pinch consumers at the pump, with the average cost  for gasoline rising 4.9 cents to the highest level in 14 months  and diesel fuel soaring 6.3 cents to match the record set two  years ago, the government said on Monday.
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The higher inflation rate was the result of a surge in oil prices early this year. Oil prices have since leveled off, allowing the inflation rate to return to more modest levels.
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Retail gasoline prices could go higher as fuel suppliers pass along a surge in the cost of crude oil to drivers, the head of the U.S. Energy Information Administration said Tuesday.
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NEW YORK -- Falling gasoline prices helped ease US shoppers' worries in September, sending a gauge of consumer sentiment higher than analysts expected.
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Oil prices jump to $94 on fresh hopes that the global economy could remain robust after a joint central bank plan.
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CAMARILLO, Calif. - Gas prices jumped more than 5 cents a gallon in the past two weeks, largely because of supply problems related to Hurricane Ivan, an industry analyst said.
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The effect of high crude oil prices continued to pinch consumers at the pump, with the average cost for gasoline rising 4.9 cents to the highest level in 14 months and diesel fuel soaring 6.3 cents to match the record set two years ago, the government said on Monday.
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Watch out at the gas station this weekend. Oil and gasoline prices bounced back up this week. Crude oil prices neared $49 a barrel Friday, capping a rise of 7 percent for the week, as
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The recent drop in prices at the pump could pick up steam, driving gasoline sharply lower in coming months, USA Today reported Wednesday.
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High U.S. gasoline prices and the threat of a recession have led to anemic motor fuel demand that could give drivers a break of 50 cents a gallon at the pump by the spring, according to motor club AAA on Wednesday.
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Gasoline prices are heading up, ending an unusual period in which they were falling even as oil prices rose.
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Oil jumped to near $91 a barrel on Friday, lifted by a broad stock market rally amid optimism about a U.S. economic stimulus plan aimed at warding off a recession in the world's top energy consumer.
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LOS ANGELES - Gas prices nudged upward about half a penny in the last two weeks after dropping more than 20 cents since May 21, but another price spike is not expected due to a decline in crude oil prices, an industry analyst said Sunday.    The combined national average for all grades of gasoline was $1.91, said Trilby Lundberg, who publishes the semimonthly Lundberg Survey...
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Heating-oil and natural-gas prices are already up, and gasoline costs could rise, too.
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A breakthrough soon in world trade  talks would give the global economy a much-needed boost at a  time when many are worried about a possible downturn, top U.S.  and Australian trade officials said on Friday.
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The Federal Reserve may be willing to accept a temporary increase in unemployment by lifting interest rates as oil prices rise because the ``worst possible outcome&#39;&#39; would be to let