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U.S. Gasoline Expected to Stay About $3 a Gallon

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From Reuters

U.S. drivers should expect to pay around $3 a gallon for gasoline through the rest of the summer, the government’s top energy forecasting agency said. The federal Energy Information Administration said no price declines were expected until after Labor Day, when demand typically drops.

The national price for regular unleaded gasoline rose 1.4 cents over the last week, to $3 a gallon, up 71 cents from a year ago and the second-highest pump price ever, the agency said.

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