Important Takeaways:

• US gas prices soar to their highest seasonal level in a decade even as the summer driving season comes to a close
• US gas prices just hit their highest summertime levels in over a decade even as the driving season comes to a halt.
• The national average for a gallon of gas rose to $3.80, notching the second-highest level ever, per AAA.
• Rising crude-oil prices driven by production cuts are largely to blame for the surge in costs at the pump.

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