Tags: gasoline | price | gallon

Average Price of Gasoline Drops 2 Cents a Gallon to $2.91

Average Price of Gasoline Drops 2 Cents a Gallon to $2.91
(Walldemarus/Dreamstime)

Monday, 27 August 2018 10:44 AM EDT

The average U.S. price of regular-grade gasoline has dropped two cents a gallon over the past two weeks, to $2.91.

Industry analyst Trilby Lundberg of the Lundberg Survey says that's more than 50 cents a gallon higher than at this time last year.

Lundberg said Sunday it is likely that gas prices will continue to drop slightly. She says that's because refiners have increased capacity and current demand is weak.

In California, the average price was $3.61 per gallon, down a penny from two weeks earlier.

The highest average price in the contiguous 48 states and Hawaii is $3.69 in the San Francisco Bay area.

The lowest average is $2.51 in Jackson, Mississippi.

© Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


StreetTalk
The average U.S. price of regular-grade gasoline has dropped two cents a gallon over the past two weeks, to $2.91.
gasoline, price, gallon
113
2018-44-27
Monday, 27 August 2018 10:44 AM
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