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Gas prices near records, following oil

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Posted: Monday, March 10, 2008 10:04 am | Updated: 9:36 pm, Fri Oct 7, 2011.

NEW YORK - Gasoline prices were poised Monday to set a new record at the pump, having surged to within half a cent of their record high of $3.227 a gallon. Oil prices, meanwhile, surged to $107.44, a new inflation-adjusted record and their fifth new high in the last six sessions on an upbeat report on wholesale inventories.

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