Average US gas price spikes 10 cents over 2 weeks to $3.64 – Boston News, Weather, Sports

CAMARILLO, Calif. (AP) — The average US price of a gallon of regular-grade gasoline spiked 10 cents over the past two weeks to $3.64 per gallon (3.8 liters).

Industry analyst Trilby Lundberg of the Lundberg Survey said Sunday that the price jump came after a rise in crude oil costs amid global supply concerns following Russia’s invasion of Ukraine. Lundberg said further increases are likely.

The price at the pump is about a dollar higher than it was a year ago.

Nationwide, the highest average price for regular-grade gas is in the San Francisco Bay Area, at $4.86 per gallon. The lowest average is in Houston, at $3.14 per gallon.

According to the survey, the average price of diesel is $4.02 a gallon, up 12 cents over two weeks.

(Copyright (c) 2022 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.)

Join our Newsletter for the latest news right to your inbox

Leave a Comment