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COMMENTS: Summer Is Not Over
The weekly energy statistics calculated the average cost at the pump of a gallon of gasoline and both ABC and CBS assigned a reporter to cover its rebound to more than $3 for the first time since midsummer, a 25c hike in three weeks. "Normally after the summer driving season prices drop," ABC's David Kerley (subscription required) complained. Instead motorists face "a steady climb" to $4, if the Automobile Association of America's warnings are realized. CBS' Anthony Mason toured the floor of the New York Mercantile Exchange and concluded that with the cost of a barrel of crude oil nearing $100, the spike at the pump was not sudden at all: "Gas prices are finally playing catch up with soaring crude."
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