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Carey: Gas prices going up and up ...

...will be $7.58 for 2007 and $7.86 for 2008. The high price in 2005 was a direct result of damage to oil and gas production equipment in the Gulf of Mexico caused by Hurricane Katrina. That?s what caused the spike in gas prices in 2006...

http://www.peninsulaclarion.com/stories/031807/news_0318new001.shtml
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