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Price of gas up 25 cents the last three weeks

As start of summer driving season nears, it’s still far below last year’s peak

updated 4:13 p.m. ET May 17, 2009

CAMARILLO, Calif. - The price of gasoline in the U.S. jumped 25 cents a gallon during the past three weeks, but remains well below prices from a year ago.

That's according to the national Lundberg Survey of fuel prices released Sunday.

Analyst Trilby Lundberg says the average U.S. price of regular-grade gasoline was $2.30 a gallon Friday, when the survey was completed.

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That's up from $2.05 a gallon recorded on April 24, but $1.49 a gallon cheaper than at this time last year.

The lowest price for gasoline in the U.S. was found in Phoenix, at $1.99 a gallon. The highest was in Chicago, at $2.63.

Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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