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Perspectives

Texas gas prices top $3 across the state

The price of a gallon of gasoline tops $3 across much of the state, which is up more than $1.20 from a year ago, according to AAA. The average price for regular gas in Texas stood at $3.03 per gallon on Sunday as crude oil prices continue to creep up, closing above $80 per barrel. Crude oil price is one of a quartet of factors that influence the cost of gasoline, reported The Dallas Morning News. The cost of refining, distribution expenses and taxes also affect the price at the pump.

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