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FILE - In this March 22, 2011 file photo, a vehicle fills up with gas in St. Louis.  Quick: What do these things have in common? Libyan leader Moammar Gadhafi. The Japanese earthquake and tsunami. Wall Street volatility. A cranky, even angry American populace. Answer: They all have something to do with gasoline. No matter what happens in the world today, just about everything seems to point back to fuel and the tricky politics that emerge when prices spike.
FILE – In this March 22, 2011 file photo, a vehicle fills up with gas in St. Louis. Quick: What do these things have in common? Libyan leader Moammar Gadhafi. The Japanese earthquake and tsunami. Wall Street volatility. A cranky, even angry American populace. Answer: They all have something to do with gasoline. No matter what happens in the world today, just about everything seems to point back to fuel and the tricky politics that emerge when prices spike.
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WASHINGTON — Gas prices will jump 40 percent for the summer driving season compared with 2010, according to a federal projection released Tuesday. Retail prices for a gallon of regular-grade gasoline will average $3.86 from April through September, up from $2.76 for the comparable period last year, said the Energy Information Administration, the statistics arm of the Energy Department.

And in some areas, monthly average prices could be greater than the national average by at least 25 cents a gallon.

The average U.S. household’s vehicle fueling costs will be about $825 greater this year than last year, hitting $3,360 in 2011, according to EIA. MarketWatch; Associated Press photo

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