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The volatility of gasoline prices

Gas prices seem to decline more slowly than they recover

The U.S. Energy Information Administration releases its weekly numbers on oil supplies on Thursday. The agency also surveys gas station prices, and they rose 14 cents a gallon nationally last week. In California, prices spiked up 37 cents a gallon, because of lower production at refineries.

More on why gas prices often seem to rise faster than they decline:

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