CAMARILLO, Calif. (AP) — The average U.S. price of regular-grade gasoline fell 2 cents over past two weeks, to $3.46 per gallon.
Industry analyst Trilby Lundberg of the Lundberg Survey said Sunday that the price drop is partly because of a crash in crude oil costs.
It was the first decline in gas prices in 14 weeks, Lundberg said. The average price at the pump is $1.24 higher than it was one year ago.
Nationwide, the highest average price for regular-grade gas is in the San Francisco Bay Area, at $4.80 per gallon. The lowest average is in Houston, at $2.91 per gallon.
According to the survey, the average price of diesel was unchanged, at $3.69 a gallon.
Before you make your next trade, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis.
Our team has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and none of the big name stocks were on the list.
They believe these five stocks are the five best companies for investors to buy now...
See The Five Stocks Here
Click the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report