Gas Prices Increase by 7 Cents in Last Two weeks, to $1.84

.

Gas Prices Increase by 7 Cents in Last Two weeks, to $1.84

On Sunday, industry analyst Trilby Lundberg said that the average oil price per gasoline has increased 7 cents in the last couple of weeks, at $1.84 a gallon. However, even after the price increase, gasoline remains 70 cents a gallon cheaper compared to one year ago.

According to Lundberg, the moderate rise in gasoline price is because of the growth in demand nationwide and also increasing crude oil prices.

Los Angeles had the highest average price of regular gasoline at $2.51 per gallon, among the Lower 48 states. Tucson, Arizona had the lowest with $1.33.
The average diesel price in the U.S was $2.07 a gallon, which is less than one cent down compared to two weeks ago. The price is 96 cents per gallon down if compared to one year back.

According to AAA's Daily Fuel Gauge Report, on Sunday, the average price of regular gas in Texas was $1.60. Compared to one week ago, the gasoline price has increased from $1.535 and $1.569 from one month back.

The jump in gasoline prices is expected to last, though might not jump with big leaps.
 


Latest News

Apple sued by iPhone 6 and iPhone 6 Plus owners affected by ‘Touch Disease’ prob
Apple Watch 2 expected to come with some noteworthy new features
Facebook’s ‘Trending’ section is getting a makeover
Google adds two popular games -- Solitaire and Tic-tac-toe -- to Search
HP Inc. posts better than expected financial results for its fiscal Q3
Tesla announces new Model S and X versions with upgraded battery, super fast acc
Google announces the launch of Android 7.0 ‘Nougat’
Lyft seeking $9B buyout, Uber not willing to pay more than $2B
Recode: Lyft had recently sought $9B in buyout offer
Uber signs $300M deal with Volvo; acquires startup Otto
Instagram introduces new ‘Event Channel’ feature
Ford plans to build a fleet of fully autonomous vehicle by 2021