CAMARILLO, Calif. (AP) — The average price of regular-grade gasoline in the U.S. fell a penny a gallon over the past three weeks to $2.94.
Industry analyst Trilby Lundberg of the Lundberg Survey said Sunday that the average price is 63 cents higher than it was one year ago.
Lundberg says prices at the pump may continue to slip slightly, due in part to weak gasoline demand caused by the higher prices.
The highest average price in the contiguous 48 states was $3.74 in the San Francisco Bay Area. The lowest was $2.52 in Baton Rouge, Louisiana.
Most Read Business Stories
- Property taxes dropping in half of King County cities after years of big increases
- Alaska Air to appeal $78 million judgment over pay for Virgin America flight attendants
- Airbus's A380 failure ripples through its rivalry with Boeing in complex ways
- Cox to sell majority stake in TV stations, including Seattle’s KIRO-TV
- Amazon: Canceled New York jobs likely to go elsewhere; company will 'continue to evaluate' growth in Seattle