GasBuddy Head of Petroleum Analysis Patrick DeHaan on the outlook for gas prices.videoHow low will gas prices fall?

GasBuddy Head of Petroleum Analysis Patrick DeHaan on the outlook for gas prices.

The average U.S. price of regular-grade gasoline has dropped by 2 cents per gallon to $2.81.

Continue Reading Below

Lower crude oil costs contributed to the decrease at the pump according to industry analyst Trilby Lundberg of the Lundberg Survey.

MORE FROM FOXBUSINESS.COMUS, CHINA REVIVE TRADE TALKS. CAN A DEAL BE MADE?PFIZER, MYLAN TALK GENERIC DRUG BUSINESS MERGERBIDEN’S FULL EMBRACE OF OBAMA HEALTH LAW HAS POLITICAL RISKS

The price is 10 cents lower than what it was a year ago.

San Diego has the crown with the highest average price in the nation at $3.67 a gallon.

The lowest average is $2.24 in Baton Rouge, Louisiana.

CLICK HERE TO GET THE FOX BUSINESS APP

The average price of diesel is also down 2 cents, to $3.05 per gallon.

The Associated Press contributed to this article.

Source Link:
https://www.foxbusiness.com/markets/us-price-of-gas-slips-2-cents-per-gallon-to-2-81

[-0.547421]

Comments

comments

Advertisement