Gasoline Price Falls to 8-Month Low, Lundberg Survey Says
Gasoline’s national average price decreased 6.4 cents in the past two weeks to $3.521 a gallon, the lowest level since January, according to the latest Lundberg Survey of filling stations.
The price is about 31 cents below the same period last year, analyst Trilby Lundberg said in her latest survey, which covered the two-week period ended Sept. 20. The survey, which was released Sept. 22, is issued twice a month.
Oil closed Sept. 20 at $104.67 on the New York Mercantile Exchange, a $1.72 drop, or 1.6%, from the day before. It was the lowest close since August, Bloomberg News said.
The San Francisco area had the highest price among areas surveyed by Lundberg, at $4.01 a gallon, while Charleston, S.C., had the lowest, at $3.14.
The Department of Energy will release its weekly survey of diesel and gasoline pump prices in the afternoon on Sept. 23 in Washington.
