Gas prices up, but expected to improve
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Gasoline prices in metro Detroit and Michigan rose notably in the past week, but lower futures prices for crude oil and gasoline on Monday suggested the worst might be over for drivers.
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U.S. retail gasoline demand inched up last week as prices dropped, MasterCard Advisors said Tuesday.
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U.S. retail gasoline prices rose close to &#36;2 a gallon on Friday, near their record, intensifying the spotlight on sizzling energy costs ahead of the presidential election.
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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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Local analysts said the jump in world oil prices, if sustained, could push up petrol prices another 42c/l in coming months, boosting inflation and slowing down spending in the economy.
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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 Sunday.
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U.S. retail gasoline prices rose to  the highest level in more than a month and diesel fuel costs  increased for the first time in three weeks, the Energy  Department said on Tuesday.
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Gas prices are on the way up again, and the Detroit News predicts we'll see $3 a gallon this summer. Plus: AAA mapping adds road-closure and fuel-cost features, outstripping Mapquest. In Autopia.
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U.S. retail gasoline prices rose to  their highest level in more than a month as an increase in  crude oil prices was passed on to consumers at the pump, the  U.S. government said on Monday.
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Gasoline prices have jumped 33 cents a gallon across the United States over the past month -- the result of higher crude oil prices, greater demand and fears of shortages.
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U.S. average retail gasoline prices over the last two weeks rose for the first time in nearly three months and could edge higher, according to an industry analyst.
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The average retail price of a gallon  of gasoline in the United States cost about 6.5 cents more last  week, rising for the first time since early July on the back of  higher crude oil prices, an industry analyst said on Sunday.
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U.S. wholesale prices were higher than expected in May, thanks to gasoline.
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The average price of a gallon of  gasoline in the United States rose 1 cent to an all-time high  over the past three weeks, but absent a supply-affecting force  majore, prices could fall dramatically in the coming weeks,  according to the latest nationwide Lundberg survey.
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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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Over the summer, rising oil prices meant higher gasoline costs for drivers in the United States. This winter, as crude oil touched $53 a barrel today, they will translate into higher heating bills for American households.
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The annual inflation rate edged higher in October, in line with expectations, owing to higher petrol prices and gas and electricity charges, official data shows.