Average US price of gas rises 2 cents per gallon to $3.13

Money Matters

In this March 16, 2021 photo, a gas pump displays gas and diesel prices in Richmond, Va. Gasoline prices are at a seven-year high, Thursday, May 27, ahead of one of America’s busiest holiday travel weekends. But experts don’t expect steep prices to keep eager motorists off the road. (AP Photo/Steve Helber)

CAMARILLO, CA. (AP) — The average U.S. price of regular-grade gasoline rose 2 cents to $3.13 per gallon over the past three weeks.

Industry analyst Trilby Lundberg of the Lundberg Survey said Sunday that crude oil prices rose more during the same period but these hikes weren’t passed on to gasoline consumers.

She says that’s because of consumer resistance to high prices and less of a ramp-up in demand this spring than in years past.

The price at the pump was 95 cents higher in the June 11 survey than it was a year ago.

The highest average price in the country was $4.31 a gallon in the San Francisco Bay Area. The lowest average was $2.60 in Baton Rouge.

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