Average US gas prices fall 7 cents thanks to crude costs - WRCBtv.com | Chattanooga News, Weather & Sports

Average US gas prices fall 7 cents thanks to crude costs

Posted: Updated:
Chris Mathew fills his vehicle and five gas cans at Costco in preparation for tropical weather. AP photo Chris Mathew fills his vehicle and five gas cans at Costco in preparation for tropical weather. AP photo

CAMARILLO, Calif. (AP) - The average price of a gallon of regular-grade gasoline fell 7 cents nationally over the past two weeks to $2.56.

Industry analyst Trilby Lundberg of the Lundberg Survey said Sunday that the drop comes as crude oil prices drop and flooded refineries on the hurricane-battered Gulf Coast return to operation.

Lundberg says she expects further price cuts as refiners make cheaper "winter grade" gasoline.

The current price is 27 cents above where it was a year ago.

Gas in San Francisco was the highest in the contiguous United States at an average of $3.11 a gallon. The lowest was in St. Louis at $2.20 a gallon.

The U.S. average diesel price is $2.76, down a penny from two weeks ago.

Copyright 2017 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  • NewsMore>>

  • Spokesman: George HW Bush hospitalized with blood infection

    Spokesman: George HW Bush hospitalized with blood infection

    Monday, April 23 2018 7:26 PM EDT2018-04-23 23:26:26 GMT
    George W. Bush. AP photoGeorge W. Bush. AP photo
    George W. Bush. AP photoGeorge W. Bush. AP photo
    A family spokesman says former President George H.W. Bush has been hospitalized in Houston with an infection, just after attending the funeral of his wife Barbara.More
    A family spokesman says former President George H.W. Bush has been hospitalized in Houston with an infection, just after attending the funeral of his wife Barbara.More
  • 'It was life or death,' says man who snatched gunman's AR-15

    'It was life or death,' says man who snatched gunman's AR-15

    Sunday, April 22 2018 11:15 PM EDT2018-04-23 03:15:12 GMT
    Monday, April 23 2018 7:20 PM EDT2018-04-23 23:20:50 GMT
    (Larry McCormack/The Tennessean via AP). James Shaw Jr., shows his hand that was injured when he disarmed a shooter inside a Waffle House on Sunday, April 22, 2018, in Nashville, Tenn.   A gunman stormed the Waffle House restaurant and shot several peo...(Larry McCormack/The Tennessean via AP). James Shaw Jr., shows his hand that was injured when he disarmed a shooter inside a Waffle House on Sunday, April 22, 2018, in Nashville, Tenn. A gunman stormed the Waffle House restaurant and shot several peo...
    The man who wrestled the gun away from the Nashville's Waffle House shooting suspect says he decided if he was to die, gunman would "have to work to kill me.".More
    The man who wrestled the gun away from the Nashville's Waffle House shooting suspect says he decided if he was to die, gunman would "have to work to kill me.".More
  • Suspected gunman in Waffle House mass shooting arrested

    Suspected gunman in Waffle House mass shooting arrested

    Sunday, April 22 2018 5:55 AM EDT2018-04-22 09:55:32 GMT
    Monday, April 23 2018 6:53 PM EDT2018-04-23 22:53:46 GMT
    Travis Reinking was arrested at 1:07 p.m. in Antioch. (Source: Metro Nashville PD)Travis Reinking was arrested at 1:07 p.m. in Antioch. (Source: Metro Nashville PD)

    The suspected gunman, 29-year-old Travis Reinking, was arrested Monday afternoon, according to the Metro Nashville Police Department.

    More

    The suspected gunman, 29-year-old Travis Reinking, was arrested Monday afternoon, according to the Metro Nashville Police Department.

    More
Powered by Frankly