The average U.S. price of regular-grade gasoline dropped 32 cents over the past two weeks to $4.54 per gallon. But while the average price at the pump is down 55 cents over the past six weeks, it’s still $1.32 higher than it was one year ago.
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.
CAMARILLO, Calif. — The average U.S. price of regular-grade gasoline plunged 32 cents over the past two weeks to $4.54 per gallon. “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.
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Average US gasoline price falls 32 cents to $4.54 per gallonIndustry 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.
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