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Gas prices rise above $2

Gas prices rose above the $2 mark for the first time in four months, according to a motorist group's daily survey Thursday.

The national average price for a gallon of regular unleaded gasoline increased to $2.009, up 2.3 cents from the previous day, motorist group AAA reported.

That's the ninth consecutive daily increase. In that time, prices at the pump have increased 9.9 cents on average, or 5.2%.

The last time gas was over $2 was Nov. 20, 2008, when the national average was $2.02.

The average price per gallon is down 51.1% from the record-high price of $4.114 that AAA reported on July 17, 2008.

Alaska has the highest prices, at $2.496 per gallon, while Wyoming is lowest at $1.798. Average prices are $2 and above in 22 states and the District of Columbia, AAA said.

Oil: In early trading on Thursday, oil prices jumped $1.23, or 2.3%, to $54.

The Energy Information Administration released a mixed inventory report Wednesday, showing soaring oil supplies but lower-than-expected gasoline stockpiles.

Oil prices remained lower but recovered from earlier losses on Wednesday as news of the Treasury Department's bad-bank plan, which pleased investors, outweighed the supply report. Crude prices settled down 2.2% to $52.77.

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