U.S. better prepared for surging gas prices

Consumers, businesses learned lessons from the last price spike

By Jad Mouawad and Nick Bunkley __utf2022__ New York Times News Service / The Bulletin
March 9, 2011

The increase in energy prices is beginning to resemble the rise in 2008. But this time, the U.S. economy may be better prepared for higher fuel costs.

Gasoline prices have risen by nearly a third in the past year, and oil costs more than $100 a barrel for the first time in more than two years,....

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