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Wednesday, January 20, 2021

US gas prices fall, extending summer decline

CAMARILLO, Calif. (AP) — A national survey says the average price of a gallon of regular gasoline has dropped 2 cents over the last two weeks, to $3.46, bringing the decline to 25 cents over the last 11 weeks.

Industry analyst Trilby Lundberg said Sunday that falling crude oil prices drove the declines, although the drop was more moderate than earlier this summer. If crude prices don’t rise, Lundberg says prices at the pump may fall more as refiners shift to winter-grade gasoline, which costs less to produce.

Baton Rouge, Louisiana, had the lowest price among cities surveyed in the Lower 48 states, with $3.11 a gallon. San Francisco had the highest at $3.88 a gallon.

The average price for a gallon of midgrade gasoline was $3.67 a gallon, and premium was $3.83.

 

 

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.

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