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Economists Say Gas Prices Will Not Exceed $4 A Gallon

Last updated on Wednesday, May 25, 2011

(WEST LAFAYETTE, IN) - A Purdue Agricultural Economist believes gas prices will not exceed $4 a gallon for the majority of the summer.

Energy Police Specialist Wally Tyner says market conditions have improved enough to push the price of oil below $100 a barrel.

Tyner says oil prices should stay below that mark if the Middle East stays stable and the oil refiners have no further interruptions, gas prices should begin to fall.

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