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Page added on May 12, 2005

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Gas prices reportedly peaking

The worst of the pain at the pump may be over.

Gasoline prices are expected to average $2.17 a gallon for regular in May and June after hitting a record, not adjusted for inflation, of $2.24 in April, the Energy Department said yesterday.

The average price for a gallon of regular gasoline in Tucson yesterday was $2.28.

“Gasoline prices may well have seen their peak for the year, barring sharp disruptions in crude oil supply or refinery operations,” analysts said.




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