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Gas prices expected to drop 50 cents by summer

By: AP
Updated: Sat 2:03 PM, May 14, 2011

NEW YORK -- Analysts say they expect there to be some relief at the gas pump, just in time for summer vacation. Experts say gas prices could drop nearly 50 cents a gallon.

After rocketing up 91 cents since January, including 44 straight days of increases, the national average has stopped just shy of $4 a gallon and has retreated to under $3.98. A steady decline is expected to follow.


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