US gas prices remain steady at $2.25/gallon

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 50 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 a weak demand during the coronavirus pandemic as wide-ranging unemployment persists.

Nationwide, the highest average price for regular-grade gas is in the San Francisco Bay Area at $3.31 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 dropped one penny from two weeks earlier, to $2.53 a gallon.

Copyright © 2020 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.

More from WTOP

Log in to your WTOP account for notifications and alerts customized for you.

Sign up