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Posted on 30/03/04

Summer U.S. gas shortage feared

KANANASKIS, ALTA. -- Tight gasoline inventories and overburdened refining capacity will spark shortages in the United States this summer, sending prices soaring to record highs and perhaps leading to 1970s-era lineups at U.S. pumps, an American oil expert said yesterday at a conference on security of North American energy supplies.

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