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reports that a gallon of regular rose 6 centse in Florida during the week endedMay 30, hitting That is 40 centzs more than a month ago, but a long way from the $3.97 a gallon selling price a year ago. In the price was $2.42, nearly 40 cents higherf than $2.04 a month ago, accordinhg to AAA. However, gas was selling for $3.89 a year ago in Nationally, the average cost of a gallon of regular was 8 cents more than aweek earlier. The cost of crud e oil is the key factor inthe increase. Crude closed at $66.311 a barrel on the last up $4.64 over the price a week Economists speculate that signs of an economi recovery could be drivin g theprice increase.
As the economy rebounds, demand for fuel is likelyu to increase. Tom Kloza, publisher of , said that the currentr high price of gasolinew is unlikely to since the current price is being pushed by a run up in crudd oil prices and not an increase inconsumer demand.
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