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Morgan Stanley: Oil To Rise To $75 This Summer

Morgan Stanley: Oil To Rise To $75 This Summer

Investment bank Morgan Stanley sees…

Gasoline Prices Fall Around the US, Except the Midwest

From Reuters: U.S. Midwest gasoline price spike expected to linger

Gasoline prices at the pump in several U.S. Midwestern states have spiked close to record highs this week and were expected to stay near those levels for several weeks due to unexpected outages at key regional refineries ... price spikes have moved east from Midwestern states such as North Dakota, Minnesota and Nebraska, where some cities experienced record high prices a few weeks ago, but the reason is the same -- refineries are undergoing maintenance work.

And from Reuters: Steady average gas price belies local ups and downs-survey

The average price for a gallon of gasoline slipped 1.81 cents to $3.6385 on June 7, according to the Lundberg Survey of about 2,500 gas stations across the country. ...

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