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Dow raises prices, says country in 'true energy crisis'

By The Associated Press  Thursday, May 29, 2008

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Better start stocking up on diapers and detergent.

Consumers hit hard in recent months by sharply higher prices for gasoline and food should prepare to start paying more for various household items following Dow Chemical Co.’s decision to raise its prices by up to 20 percent to offset the soaring cost of energy.

The company, which announced the price increases Wednesday, took the unusual step of directing blame at the nation’s energy policy makers.

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