Gasoline about to break through $2.00
With the financial markets and residential home prices hitting new multi-year and in some cases, decade long lows, unemployment rising to the highest point since the millennium, multiple states on the brink of default and many auto manufacturers on the brink of bankruptcy, fuel costs for the average consumer are still rising. According to a government report, for the third week in a row, gasoline has risen. This week, the nationwide average price for a gallon of regular unleaded rose 3.8 cents to $1.96.
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