Gasoline prices surged 9.1% in September, and fuel oil, including diesel, soared 15.3%. Energy costs drove the consumer price index to rise by more than half during the month, driving inflation to 3.7% year over year. Fuel prices remained high in October, which indicates continued inflationary pressure ahead of the November 3 midterm elections. What is the reason for the rise in gasoline prices? How much is the impact of energy costs on US inflation? What is the future trend of gasoline prices?

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