Gas Prices Fall to $2.25 per Gallon on Average in U.S. (TIME)

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    Gas Prices Fall to $2.25 per Gallon on Average in U.S. – By Associated Press (TIME) / Oct 11 2020

    (CAMARILLO, Calif.) — The average U.S. price of regular-grade gasoline fell half a penny over the past two weeks to just under $2.25 per gallon.

    Industry analyst Trilby Lundberg of the Lundberg Survey said Sunday prices may change a little in the coming days as hurricanes pummel the Gulf Coast, impacting oil production. Still, a decline in demand for gasoline because of the pandemic means there is plenty of petroleum available for motorists.

    Nationwide, the highest average price for regular-grade gas is in the San Francisco Bay Area at $3.36 per gallon. The lowest average is in Houston at $1.78 per gallon.

    The average price of diesel in the survey taken Friday was $2.50 a gallon, down a penny from two weeks earlier.

    Continue to article: https://time.com/5899073/gasoline-price-covid-19/

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