News

Actions

Average US price of gas steady at $2.91 per gallon

Posted at 12:02 PM, Sep 09, 2018
and last updated 2018-09-09 15:02:03-04

LOS ANGELES (AP) – U.S. gas prices remained steady over the past two weeks and an analyst says the pump price may start to drop later this month.
    
Trilby Lundberg says the average price of regular-grade gas as of Friday was $2.91 per gallon.
    
In California, however, the average was $3.63, per gallon up 3 cents from two weeks ago.
    
The price in the San Francisco Bay Area was even higher while the city with the lowest average was Jackson, Mississippi at $2.51 per gallon.
    
Consumers may see prices fall 2 to 4 cents per gallon by the end of the month. Lundberg says gasoline supplies are plentiful, growth in demand is weak and refiners are ending their production of summer blend gas that’s designed to reduce pollution but is costlier to produce.

(Copyright 2018 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)