Gas prices remain steady with average of $3.01 per gallon

Posted at 12:33 PM, Jun 11, 2018
and last updated 2018-06-11 15:33:32-04

CAMARILLO, Calif. (AP/KSBY) – The average price of regular-grade gasoline in the U.S. has remained relatively steady for the past three weeks with a national average of $3.01 per gallon.

Industry analyst Trilby Lundberg of the Lundberg Survey said Sunday that a drop in crude prices has not been seen at the pump. Lundberg says that station operators kept the difference between wholesale and retail prices to make up for tight margins.

The average on May 18 was a fraction under $3 a gallon.

The highest average price in the contiguous 48 states was $3.81 in the San Francisco Bay Area. The lowest was $2.54 in Baton Rouge, Louisiana.

The average price for diesel fuel rose 4 cents, to $3.27.

Locally, the average price for a gallon of regular gas in San Luis Obispo County is $3.87, only down about one cent from last week, according to AAA.

In Santa Barbara County, the average price for a gallon of regular gas was $3.79, down about two cents from the week before. 

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