Higher Gas Prices Affecting Consumers, Economy

Oil and Gas Investing

SF Gate reports that higher gas prices are affecting both all business as well as consumers.

SF Gate reports that higher gas prices are affecting both all business as well as consumers.

The market news is quoted as saying:

Gas prices are typically low this time of year, but prices rose 4 percent last week to a national average of $3.29, the highest level on record for this time of year. Unrest in the Middle East has pushed prices higher, and analysts predict pump prices could reach higher still.

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