Tuesday, February 19, 2013

Gas prices are on a mysterious climb

http://www.washingtonpost.com/business/economy/gas-prices-are-on-a-mysterious-climb/2013/02/19/26298f84-7ade-11e2-82e8-61a46c2cde3d_story.html

Gasoline prices have risen to within a nickel of $4 a gallon in the District as pump prices nationwide have been marching higher — the result of refinery closures and maintenance, lower oil production by Saudi Arabia, market anxiety about tensions in Iran and Iraq, and guarded optimism about the prospects for economic recovery in the United States, Europe and China.

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