Average gas price rises over last 2 weeks

article

FILE - Reflected in the side of a pickup truck, Matthew Legere, an attendant at Rinaldi Energy in Saco, pumps gas for a customer at the full service station on Tuesday, September 5, 2017. (Staff Photo by Gregory Rec/Portland Portland Press Herald via

Expand

CAMARILLO, Calif. (AP) - The average U.S. price of regular-grade gasoline increased by 2 cents over the past two weeks, to $2.24 per gallon.

That’s 59 cents below the average pump price from a year ago.

Industry analyst Trilby Lundberg of the Lundberg Survey said Sunday that the increase comes as crude oil prices rise.

IMF shares bleak forecast for global economy

The International Monetary Fund has sharply lowered its forecast for global growth this year because it envisions far more severe economic damage from the coronavirus than it did just two months ago.

The highest average price in the nation for regular-grade gas is $3.20 per gallon in the San Francisco Bay Area.

The lowest average is $1.79 in Houston.

The average price of diesel is $2.54, down a penny from two weeks ago.

News Consumer Money Us Economy Travel News