Saudi Arabia's Oil Minister Ali al-Naimi said yesterday that his country has reduced production because of a weak demand. Saudi Arabia had output 2 million barrels of the same blend Libya had supplied to replace that oil when the unrest began.  But, consumers in the U.S. are still being told gasoline prices are skyrocketing because of the "Libyan situation."  Yesterday, New York became the sixth state to top a $4 per gallon average joining California, Alaska, Connecticut, Hawaii and Illinois.  Michigan is next and Indiana, Nevada, Washington and Wisconsin right behind.  The average price for gas in Hawaii is $4.48 per gallong.  The national average for gas has increased for 26 straight days and is now at $3.83 a gallon...up 29 cents from a month ago.  The government says the prices will continue to increase because of increasing summer travel.
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