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October 12, 2012 7:50 AM

After soaring quickly, valley gas prices slow to drop

Gas prices, which recently soared by around 50 cents a gallon statewide in a week’s time, are falling at a snail’s pace despite a dramatic downturn in wholesale gas prices. It appears likely that gasoline priced less than $4 a gallon is going to remain a distant memory for the remainder of 2012.

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