Moneycontrol Be a Pro
Get App
you are here: HomeNewsWorld
Last Updated : May 21, 2018 08:05 AM IST | Source: PTI

Average price of US gas jumps 10 cents, to $3 a gallon

Lundberg says the increase is largely driven by higher crude oil costs and the phasing-in of summer-grade gasoline, which is used to prevent smog.


The average price of regular-grade gasoline in the US jumped 10 cents a gallon over the past two weeks to USD 3.00. Industry analyst Trilby Lundberg of the Lundberg Survey said Sunday that the price has spiked 41 cents over the past three months.

Lundberg says the increase is largely driven by higher crude oil costs and the phasing-in of summer-grade gasoline, which is used to prevent smog.

The highest average price in the contiguous 48 states was USD 3.79 in the San Francisco Bay Area. The lowest was USD 2.54 in Baton Rouge, Louisiana. The average price for diesel fuel rose 9 cents, to USD 3.23. AP NSA .

The Great Diwali Discount!
Unlock 75% more savings this festive season. Get Moneycontrol Pro for a year for Rs 289 only.
Coupon code: DIWALI. Offer valid till 10th November, 2019 .
First Published on May 21, 2018 08:00 am
Loading...
Sections
Follow us on
Available On
PCI DSS Compliant