UNITED STATES NEWS

Average US gasoline price falls 45 cents to $4.10 per gallon

Aug 14, 2022, 8:00 PM | Updated: 9:45 pm
A motorist pumps gasoline at United Oil gas station in Los Angeles Friday, Aug. 12, 2022. The avera...

A motorist pumps gasoline at United Oil gas station in Los Angeles Friday, Aug. 12, 2022. The average U.S. price of regular-grade gasoline plummeted 45 cents over the past two weeks to $4.10 per gallon. Industry analyst Trilby Lundberg of the Lundberg Survey said Sunday, Aug. 14, 2022, that the continued decline comes as crude oil costs also remain low. (AP Photo/Damian Dovarganes)

(AP Photo/Damian Dovarganes)

CAMARILLO, Calif. (AP) — The average U.S. price of regular-grade gasoline plummeted 45 cents over the past three weeks to $4.10 per gallon.

Industry analyst Trilby Lundberg of the Lundberg Survey said Sunday that the continued decline comes as crude oil costs also remain low.

“The drop of a dollar per gallon has not been enough to restore motorist demand, which is in retreat due to sustained high price levels,” Lundberg said in a statement.

The average price at the pump is down a dollar over the past nine weeks, but it’s 85 cents higher than it was one year ago.

Nationwide, the highest average price for regular-grade gas was in the San Francisco Bay Area, at $5.36 per gallon. The lowest average was in Baton Rouge, Louisiana, at $3.38 per gallon.

According to the survey, the average price of diesel plunged 37 cents over three weeks to $5.17 a gallon.

___

This story has been corrected to show that the last survey was three weeks ago, not two.

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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Average US gasoline price falls 45 cents to $4.10 per gallon