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Gasoline prices jump a nickel over the weekend

NEW YORK – After a brief respite, the price of gasoline is climbing again.

The average price for a gallon of gasoline rose a nickel over the weekend and is now $3.80 per gallon. That more than wiped out the penny decline seen last wekk.

That’s the highest ever for this time of year. The average pump price has risen 52 cents this year as refineries and wholesalers pass along the higher cost of crude oil. Oil is up about 8 percent since Jan. 1.

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