U.S. Gas Prices Rise 22 Cents Per Gallon

© Don Ryan/AP A man pumps gas at a station in Portland, Ore. Don Ryan/AP
© Don Ryan/AP A man pumps gas at a station in Portland, Ore. Don Ryan/AP
The average national price of a regular gallon of gasoline has jumped 22 cents in the past three weeks to $2.80.Industry analyst Trilby Lundberg said Sunday that higher crude prices caused by a weaker U.S. dollar and strong gasoline demand drove the increase.

However, she says the price was 93 cents lower than a year ago.

The average national price for midgrade was $3.00 and premium was $3.16. Diesel was $2.97.

In a survey of cities in the Lower 48 states, Los Angeles had the highest-priced gasoline at $3.95 a gallon. Baton Rouge, Louisiana, had the lowest at $2.32.

The average price in California was up 53 cents to $3.76 a gallon.

Lundberg says gasoline price hikes will likely slow or stop because of an expected increase in supplies.

 

Source: The AP

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