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All-time high for Election Day, but prices are falling

A few Election Day facts about gasoline as voters decide between Barack Obama and Mitt Romney for president.

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"Frankenstorm" could cause some pain at the pump

As Hurricane Sandy -- also known as the "Frankenstorm" -- closes in on the eastern coast of the United States, drivers should begin preparing for an increase in the price of gasoline.

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In the summer of 2008, we saw Americans respond pretty quickly to gas that cost $4 a gallon (or more). Now that we've had time to adjust to average prices a little bit north of $2.50 in most parts of the country for the last half year or so, what will it take to get people to say, "Hey, gas costs a lot again and we should think seriously about fuel efficient cars and driving behavior"? According to consumer data that Edmunds.com looked at, even the cost going up to around $3.50 isn't going to be

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This week, the Reuters/University of Michigan Surveys of Consumers found that plug-in hybrids have to be "affordable" if automakers think that customers will want to buy them. People are interested, U of M says, but cost is paramount to people deciding to make a purchase. Speaking at the Business of Plugging In conference in Detroit this week, Richard Curtin, from the University of Michigan's Institute of Social Research, said that at $10,000, 56 percent of the people surveyed said they wouldn't

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It seems no dealer communication is safe these days, as Jalopnik came across a communiqué from General Motors to its dealer bodies that explains the company will no longer reimburse dealers for a full tank of gas upon delivery. Instead, GM will give dealerships $20 for cars and $30 for trucks. You can do the math, but these days $20 will get you 6.67 gallons of 3$/gallon gas and $30 will score 10 gallons. Though dealers will be expected to pick up the tab for the difference initially, one

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