Estimated read time: Less than a minute
This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.
CAMARILLO, Calif. (AP) — The average U.S. price of regular-grade gasoline has dipped 1 penny per gallon (3.8 liters) to $2.65 over the past two weeks.
Industry analyst Trilby Lundberg of the Lundberg Survey says Sunday that further cuts to retail gas prices are unlikely because crude oil costs are on the rise.
The price at the pump is 14 cents higher than it was a year ago.
The highest average price in the nation for regular-grade gas is $3.74 per gallon in San Diego.
The lowest average is $2.14 in Tulsa, Oklahoma.
The average price of diesel is $3.06, down a penny.
___
This story has been corrected to show that the high average is $3.74 in San Diego (not $3.89 in San Francisco), and the lowest average is $2.14 in Tulsa, Oklahoma (not $2.10 in Baton Rouge, Louisiana), based on updated numbers sent by the Lundberg Survey.
Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
