Gas Prices Fall to $2.25 per Gallon on Average in U.S.

  • Date: 12-Oct-2020
  • Source: Time
  • Sector:Oil & Gas
  • Country:Gulf
  • Who else needs to know?

Gas Prices Fall to $2.25 per Gallon on Average in U.S.

(CAMARILLO, Calif.) “” The average U.S. price of regular-grade gasoline fell half a penny over the past two weeks to just under $2.25 per gallon.



Industry analyst Trilby Lundberg of the Lundberg Survey said Sunday prices may change a little in the coming days as hurricanes pummel the Gulf Coast, impacting oil production. Still, a decline in demand for gasoline because of the pandemic means there is plenty of petroleum available for motorists.



Nationwide, the highest average price for regular-grade gas is in the San Francisco Bay Area at $3.36 per gallon. The lowest average is in Houston at $1.78 per gallon.



The average price of diesel in the survey taken Friday was $2.50 a gallon, down a penny from two weeks earlier.