UK's AA blames speculation for gasoline price rise

Newswire

* Britain's AA says wholesale gasoline prices too high * Warns drivers will cut car use and family expenditure * Blames "speculators" in oil market for higher prices By David Sheppard LONDON, July 28 (Reuters) - Britain's Automobile Association (AA) has blamed speculation in oil markets for driving gasoline prices to a "critical level", forcing drivers to cut back on car use and other expenditure during the recession. "The wholesale price of petrol has returned to the level that ...

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