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07 mayo 2007

Chart of the Day

Gasoline prices continue to surge as geopolitical tensions continue and suppliers struggle to keep up with demand. Over the last three months, the average US price for a gallon of unleaded has shot up over 80 cents per gallon and is once again near the psychological $3.00 per gallon level. It is also worth noting that, when adjusted for inflation, gasoline prices are not far off the inflation-adjusted peak of $3.29 that occurred back in 1981.

Notes:
- Which way are energy prices headed and what does it mean for interest rates and the stock market? Find out with the exclusive charts of Chart of the Day Plus.