US Average Gas Price Jumps 12 Cents Per Gallon

(Sunday, February 23rd, 2014)

gasnThe average cost of a gallon of regular gasoline rose 12 cents, to $3.41, during the past two weeks.

That’s according to a survey released Sunday.

Industry analyst Trilby Lundberg cited changes in the price of crude oil because of violence in the petroleum-producing nations of Venezuela and South Sudan.

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Although Lundberg says she expects further increases, the current price is still 38 cents per gallon lower than last year.

The average prices of a gallon of midgrade and premium gas were $3.60 and $3.75, respectively. Diesel averaged $4.01 per gallon.

(AP)

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