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I'm going to go with "no". Inventories are high, demand is easily met by current supply, so prices are not going to go through the roof on speculation alone. Now if some nukes get launched and a major, oil-powered war starts, that could create enough demand for us to see sustained high gas prices.
I'm with Frank and Piwoslaw. You need to insulate yourself from gasoline prices and be less dependent on the stuff.
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