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Gasoline prices spike as Ike heads toward Texas

By: Rochester Business Journal Staff September 11, 2008

Gasoline prices jumped to unprecedented levels in the wholesale markets Thursday as Hurricane Ike tore across the Gulf of Mexico, threatening to strike Texas and its refineries, AP reported. The wholesale price of gasoline ranged from $4 to nearly $5 a gallon at the U.S. Gulf Coast on Thursday.

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