Monday, January 14, 2013

Gas prices surge 7 cents after months of decline

CAMARILLO, Calif. (AP) ? After months of dropping, gas prices are back on the upswing.

The average U.S. price of a gallon of gasoline has surged seven cents in the last three weeks. That's according to the Lundberg Survey of fuel prices released Sunday that puts the price of a gallon of regular at $3.32.

Midgrade costs an average of $3.50 a gallon, and premium is $3.63. Diesel remained unchanged at $3.96 a gallon.

Of the places surveyed in the lower 48 states, Salt Lake City has the nation's lowest average price at $3.04. Long Island, N.Y., has the highest at $3.75.

In California, the lowest average price was $3.46 in Sacramento and the highest was $3.65 in Bakersfield. The average statewide for a gallon of regular was $3.59, up a dime.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/f70471f764144b2fab526d39972d37b3/Article_2013-01-13-Gas%20Prices/id-d97d53fed3cb447fad457bbc8216d614

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