US gas prices jump 6 cents over 2 weeks to $2.26 a gallon
CAMARILLO, Calif. (AP) — The average price of regular-grade gasoline has jumped 6 cents nationally over the past two weeks, to $2.26 a gallon.
Industry analyst Trilby Lundberg said Sunday the hike mostly results from an agreement Nov. 30 by major oil-producing countries to slash output.
Lundberg says the current price is 20 cents a gallon above what it was one year ago. But the 2016 average price is 31 cents below the 2015 average, and $1.21 a gallon below the 2014 average.
Gas in San Diego was the highest in the continental United States at $2.68 a gallon on average Friday. The low average was in El Paso, Texas, at $1.99 a gallon.
The U.S. average diesel price is $2.48, up 4 cents from two weeks ago.
Copyright 2016 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Posted on Tue, December 20, 2016
by Associated Press