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Gas prices surge

CREATED Feb. 25, 2013

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Lately, we've seen a big spike in gas prices and now your wallet could take a big hit at the grocery store. 

Gocery prices everywhere are skyrocketing at a rate not seen in 20 years.

Some economists are predicting it's going to go up as much as 15 to 20 percent this year. And we're not talking about just dairy or beef prices, but all across the board.

So what's behind the price hike? One reason is last summer's drought crippled corn crops and other produce, creating a ripple effect throughout the food chain.