Average US price of gas up 5 cents a gallon to $2.50

Posted at 3:53 PM, Feb 07, 2021
and last updated 2021-02-07 18:53:38-05

CAMARILLO, Calif. (AP) — The average U.S. price of regular-grade gasoline jumped 5 cents a gallon over the past two weeks to $2.50.

Industry analyst Trilby Lundberg of the Lundberg Survey said Sunday the increase was caused by a continuing rise in crude oil prices since November.

The price at the pump is 3 cents less than it was a year ago.

The highest average price in the nation is $3.49 a gallon in San Francisco. The lowest average is $2.08 in Houston.

The average price of diesel went up 5 cents over the same period to $2.75.