Survey: US Gas Prices Jump 3 Cents Per Gallon
MIAMI (CBSMiami/AP) — Prices at the pump continue to rise for the 12th straight week, according to a survey released Sunday.
The average price of a gallon of regular gasoline in the U.S. rose 3 cents, to $3.72, during the past two weeks.
Industry analyst Trilby Lundberg says gas prices are about to tumble, however, as crude oil and wholesale gasoline prices have started falling due to higher-than-expected crude output in Libya and ample U.S. crude oil stocks and ramped up production of gasoline.
Midgrade gasoline costs an average of $3.13 a gallon, and premium was $4.05 a gallon. Diesel was $4 a gallon.
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