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A while back there was a funny story about how all this gas price increase started. Story goes that some oil company execs decided that if people were willing to pay $1.50-$2.00 for a 20oz bottle of water then they could afford to pay more for a gallon of gas, which at that time was around a $1.00-$1.10. True or not, I don't know, but stanger [shizzle] has happened.
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