Gasoline Jumps 12¢ to $3.36 a Gallon, Lundberg Says
Gasoline jumped 12 cents in the past three weeks to a national average $3.36 per gallon, according to the latest Lundberg Survey of filling stations released Sunday.
It was the first increase since the twice-monthly survey’s Oct. 21 release, Bloomberg reported.
Mid-grade rose 11 cents to $3.51 per gallon and premium gained a dime to $3.62 per gallon, according to the survey of 2,500 filling stations taken Friday.
Salt Lake City had the lowest price among cities surveyed, at $2.86, and Los Angeles was the highest, at $3.69, Lundberg said.
Oil rose to an eight-month high last week, finishing the New York Mercantile Exchange trading day on Jan. 4 at $103.22 per barrel, the highest closing price since $103.88 on May 10.
Crude closed over $100 every day of last week’s shortened four-day trading week, marking the first time it had done so since Memorial Day week of last year.
The Department of Energy will release its weekly survey of diesel and gasoline prices Monday afternoon in Washington.
