Average US Gasoline Price Falls 32 Cents to $4.54 Per Gallon

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FILE - A motorist fills up the tank on a sedan, July 22, 2022, in Saratoga, Wyo. The average U.S. price of regular-grade gasoline plunged 32 cents over the past two weeks to $4.54 per gallon. Industry analyst Trilby Lundberg of the Lundberg Survey says Sunday, July 24, 2022 that the continued decline comes as crude oil costs also fall. (AP Photo/David Zalubowski, file)

The average U.S. price of regular-grade gasoline plunged 32 cents over the past two weeks to $4.54 per gallon.

Industry analyst Trilby Lundberg of the Lundberg Survey said Sunday that the continued decline comes as crude oil costs also fall.

“Further drops at the pump are likely as the wholesale gasoline price cuts continue making their way to street level,” Lundberg said in a statement.

The average price at the pump is down 55 cents over the past six weeks, but it’s $1.32 higher than it was one year ago.

Nationwide, the highest average price for regular-grade gas was in Los Angeles, at $5.65 per gallon. The lowest average was in Baton Rouge, Louisiana, at $3.90 per gallon.

According to the survey, the average price of diesel dropped 22 cents over two weeks to $5.55 a gallon.

(AP)

8 COMMENTS

  1. This shall so absolutely not budge me 1 iota away from voting Republican come 11/8/2022 and from voting for President Donald Trump שליט”א come 11/5/2024

  2. Interesting, not a word of credit for Joe Biden, yet as prices increased, YWN headlines blamed him. (Not that any president has much to do with the price of gas)

  3. Congratulations to 147. You said something sensible. The price of gasoline is largely out of control of the US president. Changes in the price should have nothing to do who you should vote for.

    Kach: From the way you spell “losing,” I can’t help thinking that some of those words for “senile” Joe are 3-letter words.

    ujm: I don’t think Joe is taking credit for the decline in the price of gas.