By: ETF Trends
October 10, 2012 at 14:04 PM EDT
Gasoline ETF at Four-Year High as California Prices Spike
U.S. Gasoline Fund (NYSEArca: UGA) rose to its highest level in nearly four years on Wednesday as gas prices in California jump to all-time records. The gasoline ETF has rallied over the 20% the past three months to its highest since 2008. Rising gas prices equal pain at the pump and cut into...
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