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Lower than earlier forecast crude oil prices are expected to translate into continued low prices at the pumps for both diesel and gasoline, according to a new U.S. Energy Department report.
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Recent increases in diesel and gasoline prices have translated once again into expectations that costs for both will move even higher the rest of this year and into 2017, according to the Energy Department’s latest Short-Term Energy Outlook.
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Federal officials have raised their expectations for diesel and gasoline prices this year and are predicting even larger hikes coming for 2017, according to a new report from the U.S. Department of Energy.
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