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Tuesday, October 20, 2020
Business Survey: US gas prices fall 12 cents per gallon

Survey: US gas prices fall 12 cents per gallon

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Robert Francis
Robert Francis
Robert is a Fort Worth native and longtime editor of the Fort Worth Business Press. He is a former president of the local Society of Professional Journalists and was a freelancer for a variety of newspapers, weeklies and magazines, including American Way, BrandWeek and InformatonWeek. A graduate of TCU, Robert has held a variety of writing and editing positions at publications such as the Grand Prairie Daily News and InfoWorld. He is also a musician and playwright.

 

CAMARILLO, Calif. (AP) — A national survey reveals the average price of regular gasoline has plunged another 12 cents a gallon over the past two weeks, to $2.72.

Industry analyst Trilby Lundberg said Sunday that the decline continues a nationwide trend.

Lundberg says lower crude oil prices are continuing to drive prices down, along with an abundant oil supply and the rising value of the U.S. dollar.

The highest-priced gas in the Lower 48 states was found in San Francisco at $3.04 a gallon. The lowest was in Albuquerque at $2.38 a gallon.

California’s lowest average was in Sacramento, $2.80 a gallon.

The average price for midgrade gas in the U.S. is $2.96. For premium it’s $3.12.

 

 

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