Average US gas price remains steady at $2.25 per gallon | KOB 4

Average US gas price remains steady at $2.25 per gallon

Updated: August 23, 2020 01:01 PM
Created: August 23, 2020 12:39 PM

CAMARILLO, Calif. (AP) - The average U.S. price of regular-grade gasoline held steady over the past two weeks at $2.25 per gallon.

That's 41 cents below the average pump price from a year ago.


Industry analyst Trilby Lundberg of the Lundberg Survey said Sunday the prices are stable because crude oil prices barely changed and the U.S. has a glut of gasoline yet weak demand during the coronavirus pandemic.

Nationwide, the highest average price for regular-grade gas is in the San Francisco Bay Area at $3.36 per gallon. The lowest average is in Baton Rouge, Louisiana, at $1.77 per gallon.

The average price of diesel in the survey taken Friday stayed the same as two weeks earlier, at $2.53 a gallon.

(Copyright 2020 by The Associated Press. All Rights Reserved.)

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