Get Ready to Pay More at the Pump

Surging wholesale gasoline prices should push pump prices to an 18-month high and put drivers in many parts of the country on the cusp of having to pay $3 per gallon for gasoline. Wholesale prices jumped 5 cents Friday and that should mean retail prices of at least $2.87 per gallon in the next couple of days, the highest level since October 2008, said Tom Kloza of Oil Price Information Service.

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