Best places to avoid gas inflation and other money news on June 12, 2008

It might seem like the cost of living of everything is high in places like New York and San Francisco, but there's one way that living in these big urban centers pays off: you use less gas. That's the conclusion of a new study by Common Current that ranks the 50 best and worst cities to weather an oil crisis. At the bottom of the list is Oklahoma, which had two cities at the bottom, Oklahoma City and Tulsa.

News nuggets you need to know today:

State Farm Cuts Policies on the Mississippi Gulf Coast
$46 Billion Offered for Anheuser-Busch
Get Used to $4 Gas, Government Says
Convicted Hedge Fund Manager Still Missing
Casino Banks of Microsoft's Surface
Size Surprise: Consumers Pay as Grocery Portions Get Smaller

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