ANALYSIS-Despite $2 gas, U.S. price rise smallest in 5 years

Newswire

By Tom Doggett WASHINGTON, March 31 (Reuters) - Even though the U.S. pump price has passed $2 a gallon, motorists still have seen the smallest seasonal increase in gasoline prices in the last five years, but fuel demand will be remain restrained as the economic slowdown continues to take its toll. Pump prices usually climb sharply between February and April as fuel demand picks up heading into the busy spring driving season, with families on vacation and students going on spring break. ...

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