Drivers face $3.50 gasoline this spring: gov't
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U.S. consumers will pay record prices for gasoline this spring, with national monthly pump costs peaking near $3.50 per gallon when the busy driving season begins, the government's top energy forecasting agency said Tuesday.
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Gasoline prices have jumped above $3 a gallon in some parts of California and Hawaii, and may hit that level other parts of the country when the busy summer driving season approaches. "It kills me," said Gloria Nunez, 53, as she filled her Ford Explorer SUV at a San Jose gas station. Nunez, a clerk for a communications company, has started working a couple hours of overtime each week to help soften the blow.
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The average price for a gallon of  gasoline in the United States fell below $3 due to less demand  and slightly lower oil prices, and was likely to hold steady,  according to an industry analyst.
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NEW YORK  The average price of a gallon of   gasoline fell 21 cents in the last two weeks.
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As gasoline prices broke through the $3-a-gallon level 16 months ago, a bipartisan chorus of congressional leaders and President Bush demanded that the Federal Trade Commission investigate whether the big oil companies were engaged in price gouging.
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The U.S. retail price for gasoline   fell to an average $2.38 a gallon, dropping for the seventh   week in a row, and could decline another 23 cents by   mid-October, the government said on Monday.
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By Dave Anderton Deseret Morning News  When gasoline prices soar, consumers have little choice but to pay.  Yet when prices begin to fall, an obscure Utah law makes sure they don't go too low.
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MALDEN -- Gary Soroko can tell you, to the penny, the price of gasoline at a dozen gas stations from here to his home in Peabody, and he'll go out of his way -- a simple U-turn off Route 1, or a 3-mile detour through Saugus -- to save 2 cents a gallon.
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Average Massachusetts gasoline prices have dropped 22 cents in the past month, and the leading oil retailer in New England had a motorist-delighting prediction yesterday: Gas could well be $2 a gallon by January.
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Drivers have been paying about 10 cents more for a gallon of gas since Dec. 31.
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A third of the nationâs oil refineries have reported disruptions to their operations since the beginning of the year, which is helping to drive up the cost of gasoline.
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After dropping to less than &#36;2 per gallon last month, the national average price of a gallon of gas is rising again, in large part because of higher crude oil prices, an industry analyst said Sunday.
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Oil industry analyst Trilby Lundberg said the national average price for a gallon of regular gasoline was $1.88, an increase of a half-cent in the past two weeks.
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Some 40 percent of Americans would curb their driving habits if retail gasoline prices shot up to $3.50 a gallon, according to a Reuters/Zogby poll released yesterday .
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The freefall in U.S. gasoline prices   continued as the average pump price dropped 12 cents over the   last week to $2.50 a gallon, the government said on Monday.
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Gasoline prices are the lowest in three months, providing some relief for commuters and travelers preparing for holiday trips.
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In Britain, drivers pay nearly three times what Americans do for gasoline at the pump, and the high taxes that cause the huge difference have never managed to achieve one of the government's main goals: reducing the number of cars on the road.