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Over on Autoblog, veteran auto writer and new contributor John McElroy provides an interesting take on gasoline prices and the potential for the bubble to burst. Looking at gasoline pump prices in real terms (factoring in inflation) as recently as the beginning of the current decade, they were at an all-time low. Even now, with oil hovering near $100 per barrel, the price is still barely up to the peaks of 1979-80 and during World War 1. McElroy's assessment is that the current spike, like the p

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