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Gasoline Futures Catch Fire
The past few days have seen a number of factors combine to push gasoline prices higher . The most notable price drive came from hurricane Sandy, which wreaked havoc on the east coast and caused what some are estimating tens of billions of dollars in damages. With pipelines and stations around the country knocked out by the “superstorm”, gasoline futures have been on a 10% tear in the trailing 5 days, with more than 5% coming today [for more gasoline news and analysis subscribe to our free newsletter ]. See the full story here → Related Posts: Commodities To Watch in Sandy’s Wake All About The Gasoline ETF (UGA) Can Commodity ETFs Hedge Your Everyday Expenses? For Day Traders: The Most Liquid ETF for Every Commodity For Long Term Investors: The Cheapest ETF for Every Commodity
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