Friday, May 25, 2007

Memorial Day Motorists Will Pay Record Fuel Prices, Drive More Than Ever

(Bloomberg) -- Travelers during the Memorial Day
weekend will pay record gasoline prices and may face even higher
charges on the way home.

The national average price for regular gasoline climbed 39
percent this year to more than $3.20 a gallon as refinery
breakdowns cut production. Inventories are 7 percent below the
five-year average, prompting some analysts to predict more
increases.


Read more at Bloomberg Exclusive News

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