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Gas prices jump by 5 cents over past 2 weeks, averages $2.32

7 months 3 weeks 6 days ago May 22, 2016 May 22, 2016 Sunday, May 22 2016 May 22, 2016 4:09 PM in News
Source: Associated Press
By: ApNewsNow

CAMARILLO, Calif. - The average price of gasoline has jumped by a nickel over the past two weeks to $2.32 a gallon for regular grade.

Industry analyst Trilby Lundberg said Sunday that the hike is mostly due to a continuing increase in crude oil prices. The price at the pump has risen 55 cents since late February.

In the Lower 48, the highest average price of regular gasoline was $2.85 per gallon in San Francisco. The lowest was $1.98 in Tucson, Arizona.

The U.S. average diesel price is $2.32 per gallon, up 4 cents from two weeks ago.

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