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Gas prices jump by 5 cents over past 2 weeks, averages $2.32

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ASSOCIATED PRESS

While the return of $100 oil is being greeted as relatively good news for consumers, the jarring reality of $4-a-gallon gasoline stirred up an unprecedented level of consumer angst that experts say will keep people from reverting to extravagant energy use for years to come, if ever again.

CAMARILLO, Calif. >> The average price of gasoline has jumped by a nickel over the past two weeks to $2.32 a gallon for regular grade.

Industry analyst Trilby Lundberg said Sunday that the hike is mostly due to a continuing increase in crude oil prices. The price at the pump has risen 55 cents since late February.

In the Lower 48, the highest average price of regular gasoline was $2.85 per gallon in San Francisco. The lowest was $1.98 in Tucson, Arizona.

The U.S. average diesel price is $2.32 per gallon, up 4 cents from two weeks ago.

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