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has doubled, in the united states, a recession has followed. >> we don't want that richard, hold on a second. steven lieb is the author of "game over." steven, the last year at this time, the average price for a gallon of gasoline, which mistakenly is where most people think they feel oil, we actually feel it in far more places than gasoline. the average price for a gallon of gasoline was $2.69 this week. a year ago. now it's up to $3.29, with all sorts of dire predictions about how high it can go. at what price do we start to see real political and economic fallout as a result of rising oil and gas prices. >> i would say around $4 would be the magic number for gasoline, ali. and richard makes a very good point or ubs or somebody. >> nomura, about the 100% increase. it's really 80% to 100%. and every time, with the exception of '87 and that

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