Average Price of Gas Increases a Nickel per Gallon to $2.94

The average national price for regular-grade gasoline jumped a nickel per gallon over the past two weeks to $2.94, the Associated Press reports.

According to industry analyst Trilby Lundberg of the Lundberg Survey, “the prices at the pump might be near its peak as gasoline supply evens out across the country.”

Since the end of November, the price of gas increased as much as 77 cents per gallon, the highest point since May 2019.

The Bay Area, San Francisco has seen the highest average price in the nation at $3.94 a gallon. The lowest average is $2.54 in Baton Rouge, Louisiana – still higher than they were last month.

The average price of diesel also went up 5 cents over the same period to $3.14, according to the report.

 

About Catherine Smith

Catherine Smith is a newcomer to Washington D.C. She met and married an American journalist and moved to D.C. from the U.K. She graduated with a B.A. in Graphics, Media, and Communications and worked in design and retail in the U.K.

Photo: Justin Sullivan/Getty Images

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