Crude oil up sharply since last week... Gasoline follows
Gasoline prices changing quickly as this Arco station in Seattle depicts. Demand is still down so speculation, uncertainly and/or possibly constricted supply is causing the increase. Although Energy prices are down slightly today due to the Federal Reserve stating the U.S. economy will continue to shrink throughout 2009, prices have climbed significantly over the past few weeks bringing the price we at the pump back above $2.50 per gallon in many areas of the country.
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