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Chart of the Day
Over the last 24 weeks, the average US price for a gallon of unleaded has increased 65 cents per gallon and is near the 25-year high made last year in the wake of Hurricane Katrina. However, when adjusted for inflation, it is clear that gasoline prices still have a touch more to go before they reach the inflation-adjusted peak of $3.25 that occurred back in 1981. Stay tuned...

Notes:
- Which way is oil headed and what does the current oil spike mean for the stock market? Find out with the exclusive charts of Chart of the Day Plus.


Source - U.S. Energy Information Administration
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Quote of the Day
"Oil prices have fallen lately. We include this news for the benefit of gas stations, which otherwise wouldn't learn of it for six months." - William D. Tammeus

Events of the Day
August 28, 2006 - US Open tennis tournament begins (ends September 10th)

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