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Merry Christmas: Report Says Gas Prices Drop

December 20, 2011 by · Leave a Comment 

It’s been a year when the U.S. economic recovery struggled to regain its momentum, but Americans can take heart with one trend of late that’s been running in their favor.

Just in time for end-of-the-year holiday travel, gas prices fell another 5 cents last week to an average of $3.23 per gallon for regular unleaded, according to the Lundberg Survey.

Trilby Lundberg, president of the Lundberg Survey based in California, said two factors are putting downward pressure on gas prices.

“Unknowns about the European debt crisis seem to have made oil prices skittish, and it is the cause of continued declines at the pump,” Lundberg said. The U.S. gasoline market continues to receive down pressure from falling gasoline demand.”

The average price of mid-grade unleaded was $3.40 per gallon; the average price for super unleaded was $3.52 per gallon.

 

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Lundberg Survey: Gas Prices Decline 17 Cents

June 13, 2011 by · Leave a Comment 

The average U.S. price of a gallon of gasoline has dropped about 17 cents over the past three week, according to an Associated Press report.

The Lundberg Survey of fuel prices puts the average price for a gallon of regular at $3.74.

Analyst Trilby Lundberg said Sunday (June 12) that the national average for a gallon of mid-grade is $3.89. For premium it’s $4.00 a gallon.

Lundberg says diesel prices fell about 10 cents a gallon over the past two weeks, to $4.05.

Jackson, Miss., had the nation’s lowest average price for gas at $3.41. Chicago had the highest at $4.29.

In California, the lowest average price was $3.82 in Fresno, while San Franciscans paid the highest price at $3.96.

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Lundberg Survey: Gas Prices Continue Slide

May 23, 2011 by · Leave a Comment 

The average U.S. price of a gallon of gasoline has dropped about 9 cents over the past two weeks, according to an Associated Press story.

The Lundberg Survey of fuel prices puts the average price for a gallon of regular at $3.91.

Analyst Trilby Lundberg said Sunday (May 22) that the national average for a gallon of mid-grade is $4.05. For premium it’s $4.16 a gallon.

Lundberg says diesel prices fell about 8 cents a gallon over the past two weeks, to $4.14.

Jackson, Miss., had the nation’s lowest average price for gas at $3.60. Chicago had the highest at $4.38.

In California, the lowest average price was $4.03 in Fresno, while San Franciscans paid the highest price at $4.17.

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