CAMARILLO, Calif. (AP) — The average U.S. price of regular-grade gasoline rose 2 cents over the past two weeks, to $3.22 per gallon.
Industry analyst Trilby Lundberg of the Lundberg Survey said Sunday that gas supply is abundant, which could keep prices from spiking further.
The price at the pump is 98 cents higher than it was a year ago.
Nationwide, the highest average price for regular-grade gas is in the San Francisco Bay Area, at $4.39 per gallon. The lowest average is in Baton Rouge, Louisiana, at $2.71 per gallon.
The average price of diesel in the survey taken Friday was $3.31 a gallon, up 2 cents from two weeks earlier.7 Stocks That Can Help You Profit From Summer Shortages
One of the lingering impacts of the Covid-19 pandemic is the supply chain disruptions that continue to bedevil many sectors. By now, every investor is aware of the global chip shortage that is disrupting many sectors that were projected to have strong growth in 2021.
But there are many more sectors that are being affected by supply chain disruptions. And this affects everything from big-ticket items like cars to everyday items like pet food and even bacon.
The focus of this special presentation is seven companies that stand to benefit from the current disruption in the supply chain. All of these companies delivered strong gains in 2020. Some of them have weakened in 2021, but that was before the full extent of the supply chain weakness was discovered.
As the economy reopens, the shortage of items is likely to continue and become much more notable. When they do, many of these stocks may get overpriced. That’s why now is the time to get in on these stocks that can help you work the supply chain in your favor.
View the "7 Stocks That Can Help You Profit From Summer Shortages"