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Gas may hit $4 based on past trends

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GRAND FORKS - The new year could bring price peaks exceeding $4 for a gallon of regular gasoline if past trends hold true, according to analysts.

"The chances are pretty good that we'll see fairly sharp increases," said Gene LaDoucer, spokesman for AAA North Dakota.

Based on the average retail price of gasoline at the start of the year and the amount prices historically climb in a year, a gallon of regular could easily exceed $4 by spring, analysts say.

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