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Gas Prices To Spike

Last updated on Saturday, July 13, 2013

(UNDATED) - Experts say to get ready for a spike in gas prices over the next few weeks.

According to AAA, the average price in Indianapolis is $3.55 a gallon, up 5 cents from yesterday.

A senior analyst with GasBuddy.com says rising crude oil prices and a fall in US supplies are driving wholesale prices up sharply. The political turmoil in Egypt has threatened shipments from the Middle East was behind the 15-month high in crude oil prices earlier this week.

The national average is $352 a gallon, and could climb another 15-cents or higher over the next two weeks, but experts say they expect this rise in prices to be temporary.

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