US Gas Prices Dip As Oil Drops Below $100 A Barrel
WASHINGTON, D.C. (CBSNEWS.COM) - Fuel costs in the U.S. may have crested as investors pin their hopes on a ceasefire in Ukraine. Analysts say Americans can expect a measure of relief from record high gas prices as oil recedes to less than $100 a barrel.
Benchmark U.S. crude rose 49 cents to $96.93 a barrel on Wednesday, down from around $130 a barrel last week — its highest level since 2008.
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