May 20, 2013

Save Email Print Bookmark and Share
A A
Reporter: AP Email

US Gas Prices Jump 25 Cents in Two Weeks


CAMARILLO, Calif. (AP) - The average U.S. price of a gallon of gasoline has jumped 25 cents over the past two weeks.

The Lundberg Survey of fuel prices released Sunday says the price of a gallon of regular is $3.59. Midgrade costs an average of $3.75 a gallon, and premium is $3.89.

Diesel was up 12 cents to $4.07 gallon.

Of the cities surveyed in the lower 48 states, Billings, Mont., has the nation's lowest average price for gas at $3.05. Los Angeles has the highest at $4.10.

In California, the lowest average price was $3.82 in Sacramento. The average statewide for a gallon of regular was $3.99, up 37 cents.


Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus

US Business News

  • Yahoo Deal Shows Power Shift
    In a deal that highlights shifting power in technology, Yahoo has agreed to pay $1.1 billion for Tumblr, a blogging site with little revenue but more than 100 million users.
  • Actavis to Buy Warner Chilcott
    Actavis agreed to acquire Warner Chilcott for about $5 billion in an all-stock deal aimed at enlarging Actavis's portfolio of specialty pharmaceutical brands and shrinking its tax burden.
  • Wanted: Miners in Brazil for Anglo American
    While rising labor costs have become almost routine for global mining firms locals in Brazil have been willing to take lower-level jobs such as operating a conveyor belt or maintaining machines for less than $10,000 a year.
  • New Xbox Girds for Smartphone Battle
    What's underneath the hood of the latest Xbox represents an odyssey of trying to determine how to keep it "cool."
  • Chesapeake Taps Lawler as CEO
    Chesapeake Energy tapped Robert Douglas Lawler, a 46-year-old executive at Anadarko Petroleum, to succeed Chesapeake co-founder Aubrey McClendon as CEO of the nation's second-largest natural-gas producer.
  • GE Capital to Pay Parent Dividend
    General Electric said GE Capital's board approved a $6.5 billion dividend payment to the conglomerate, which reflects 30% of the financial arm's planned 2013 earnings.
  • Vista Equity Partners to Buy Websense
    Buyout firm Vista Equity Partners agreed to pay about $1 billion to acquire Websense, a maker of software and services designed to help protect companies against cyber attacks and data theft.
  • NBC News Names President
    Deborah Turness was named president of NBC News, as expected. The 46-year-old is the first woman to lead a U.S. broadcast news division.
  • Campbell Soup Posts Higher Profit
    Campbell Soup posted higher earnings as its U.S. soup sales rose 14%, the largest quarterly gain in nearly five years.
  • Dairy Giants in China Venture
    France's Danone and China Mengniu Dairy are striking a deal intended to quench China's growing dairy thirst and squelch fears about the safety of local dairy producers.