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Released: July 22, 2011
Gas prices turn up, could put damper on economy
Source: Gary Strauss, USA Today
So much for relief at the pump — and some much needed fuel for the sputtering economy. After falling to $3.54 a gallon from May's $3.98 peak, prices have unexpectedly surged the past two weeks to a national average of almost $3.70 — a dollar higher than levels a year ago. Industry analysts say prices could climb higher short-term, curbing skittish consumer spending, the main driver behind economic growth.Read Full Article: Gas prices turn up, could put damper on economy
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