Gas prices jump by 17 cents over past 2 weeks, to $2.02

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.

CAMARILLO, Calif. (March 20, 2016) — The average price of gasoline has jumped by 17 cents over the past two weeks, to $2.02 a gallon for regular grade.

Industry analyst Trilby Lundberg said Sunday that the hike is due to growing demand for gasoline across the nation and higher crude oil prices.

Lundberg says the increase is part of a trend that has seen the price spike nearly a quarter over four weeks.

In the Lower 48 states, the highest average price of regular gasoline was $2.72 per gallon in Los Angeles. The lowest was $1.66 in Newark, New Jersey.

The U.S. average diesel price is $2.15 per gallon, up about 9 cents from two weeks ago.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s