It was the first drop in nine weeks and came with a drop in oil prices amid deepening global inflation fears, industry analyst Trilby Lundberg said.
FILE - A motorist pumps gasoline at an ARCO gas station in Los Angeles, Sunday, June 12, 2022. Soaring gasoline prices have left many consumers with no choice but to cut spending on non-essentials, but it might be coming full circle by stopping some drivers from filling up their tanks. – The average U.S. price of regular-grade gasoline fell by 4 cents per gallon in the past two weeks to $5.05 for regular grade, it was reported Sunday.
“As lower gasoline prices make their way through distribution to retail, consumers will likely see further declines in coming days," Lundberg said.Nationwide, the highest average price for regular-grade gas was in the San Francisco Bay Area, at $6.39 per gallon. The lowest average was in Baton Rouge, Louisiana, at $4.39 per gallon.Copyright 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.