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Gas Prices To Hit Record For Labor Day

Several experts claim gasoline should reach its highest-ever price on Labor Day. And, according to fuel experts, consumers will need to wait longer than usual to see prices decline. The average price was about $3.72 per gallon, per AAA. It was  $3.572 at the same time last year and $3.477 just one month ago. "Barring any significant market-moving developments, we would expect gas prices for Labor Day 2012 to be slightly higher or nearly the same as today,” said Michael Green, a spokesman for AAA.

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