The average U.S. gasoline price has fallen 45 cents in three weeks. An industry analyst says it’s still not enough to bring in demand
CAMARILLO, California — The average U.S. price of regular gasoline has plummeted 45 cents over the past three weeks to $4.10 a gallon.
Lundberg Survey industry analyst Trilby Lundberg said on Sunday that the decline continued as crude prices also remained low.
“A dollar-per-gallon drop is not enough to revive motorcyclist demand, which has been in decline due to persistently high prices,” Lundberg said in a statement.
The average price at the pump is down a dollar over the past nine weeks, but it’s 85 cents higher than it was a year ago.
Nationally, the highest average price for conventional gas is in the San Francisco Bay Area, at $5.36/gallon. The lowest average was in Baton Rouge, Louisiana, at $3.38 per gallon.
According to the survey, the average price of diesel fell 37 cents in three weeks to $5.17 a gallon.
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