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Gas prices could see jump by May


Gas prices could rise to $3.50 a gallon by May, according to analysts surveyed by Bloomberg.

That would be the highest level since October 2008.

The increase could come partly from crude oil topping $100 a barrel in New York, and an increase in global demand. U.S. fuel use over the past four weeks was 1.6 percent higher than a year earlier.

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