Average US price of gas drops 2 cents over 2 weeks, to $3.46

National News

FILE – In this Sept. 16, 2019, file photo prices are displayed on a gas pump in Pittsburgh. On Wednesday, Nov. 13, the Labor Department reports on U.S. consumer prices for October. (AP Photo/Gene J. Puskar, File)

CAMARILLO, Calif. (AP) — The average U.S. price of regular-grade gasoline fell 2 cents over past two weeks, to $3.46 per gallon.

Industry analyst Trilby Lundberg of the Lundberg Survey said Sunday that the price drop is partly because of a crash in crude oil costs.

It was the first decline in gas prices in 14 weeks, Lundberg said. The average price at the pump is $1.24 higher than it was one year ago.

Nationwide, the highest average price for regular-grade gas is in the San Francisco Bay Area, at $4.80 per gallon. The lowest average is in Houston, at $2.91 per gallon.

According to the survey, the average price of diesel was unchanged, at $3.69 a gallon.

Sign up for the WTAJ Newsletter for the latest local news, weather, and community events that matter to you.

Copyright 2022 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Trending Stories

Don't Miss