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Thursday, May 15, 2008
If you're like most people, sticker shock is now the name of the game whenever you pull your car into the gas station. Gas prices keep inching higher and it's not going to get better in the near-term. Crude oil prices hit an all-time high last week when they lapped the $126 mark. These prices are for June deliveries, so drivers should be braced for gradually higher prices over the next few weeks. What many don't understand is the concept of crude prices and its relationship to the price of gasoline.
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