Regular-grade gasoline’s average price in the United States fell 19 cents to $4.86 a gallon during the previous two weeks.
California’s CAMARILLO (AP) — Regular-grade gasoline’s average price in the United States fell 19 cents to $4.86 a gallon during the previous two weeks.
Trilby Lundberg, an industry expert with the Lundberg Survey, stated on Sunday that the ongoing reduction is a result of falling crude oil prices.
According to a statement from Lundberg, “if oil prices do not skyrocket from here, motorists may see prices decrease another 10-20 cents as the oil price cuts continue making their way to street level.”
Although the average price at the pump has decreased over the past month by 24 cents, it is still $1.66 more expensive than it was a year ago.
At $6.14 per gallon, the San Francisco Bay Area had the highest national average price for regular gasoline. At $4.19 a gallon, Baton Rouge, Louisiana, had the lowest average.
According to the report, the average cost of fuel has decreased 13 cents to $5.76 per gallon since June 24.
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