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You just can't win with these assholes: Gas prices keep climbing even as oil prices drop [View All]

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gatorboy Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-29-08 08:58 AM
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You just can't win with these assholes: Gas prices keep climbing even as oil prices drop
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http://www.huffingtonpost.com/2008/05/29/gas-prices-keep-climbing_n_104028.html

NEW YORK — The gasoline price record keeps getting broken with each passing day. AAA puts the national average for a gallon of regular at a record $3.95. It's jumped 35 cents in the past month and is 76-cents-a-gallon higher than a year ago.

If you need premium, it's also never been more expensive. The auto club says the national average for premium is $4.35. That's an 84-cent-a-gallon jump over last year.

Oil prices fell back Thursday ahead of a report expected to show U.S. inventories of crude and petroleum products grew last week.

Prices remained volatile, though, buffeted about by threats against Nigerian oil facilities, worries about falling gasoline demand in the U.S. and a strengthening U.S. dollar.

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Did I read that correctly? Now they're saying that gas prices will stay steadily at there current price because of less demand and a strengthening U.S. dollar? Haven't they been saying the the weak dollar is the cause for all this in the first place?
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