Pump Prices Jump In State Oil Grows Costlier — Traders Betting On Further Rise
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Judy Dugan, researcher with Consumer Watchdog, said energy prices
shouldn't be going up, no matter if people are hopeful or if it's a
seasonal rise. "It's typical behavior in a completely atypical time," Dugan said. Oil
prices "have nearly doubled. Nothing else in the economy or world has
doubled." Consumption is down, she said, and even if Memorial Day
travel creates a demand bump, it's not enough to declare a recovery.
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