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October 26, 2004
Gasoline surpasses $2 a gallon for 1st time since May
The price of gasoline in the Twin Cities has cracked the $2 barrier again, weeks after crude oil prices climbed to record levels.
Many retailers raised gas prices as much as 20 cents overnight Monday, boosting the average price for a gallon of unleaded to $2.07 on Tuesday, according to the Web site Twincitiesgasprices.com. Prices haven't been that high since late May.
The U.S. average this week is $2.04, according to the Lundberg Survey, which tracks prices at more than 8,000 stations nationwide. The price of a 42-gallon barrel of crude oil closed Tuesday at $55.17, up 63 cents.
Source: Minneapolis-St.Paul Star Tribune http://www.startribune.com/
Posted by State at October 26, 2004 06:18 PM
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