Gasoline Price Update

first_img Facebook Twitter Previous articleActivists Say the Darndest ThingsNext articleIndiana Hits 20 Percent of Corn Planted Gary Truitt Home Energy Gasoline Price Update Gasoline Price Update SHARE Indiana retail gasoline prices fell slightly over the weekend but are still higher than they were a week ago, according to AAA. Nationally,the average price of a gallon of regular gasoline in the U.S. rose 3 cents, to $3.72, during the past two weeks, marking the 12th straight week of price hikes at the pump. That’s according to a survey released Sunday.  Industry analyst Trilby Lundberg says gas prices are about to tumble, however, as crude oil and wholesale gasoline prices have started falling due to higher-than-expected crude output in Libya and ample U.S. crude oil stocks and ramped up production of gasoline.center_img Midgrade gasoline costs an average of $3.13 a gallon, and premium was $4.05 a gallon. Diesel was $4 a gallon.Of the cities surveyed in the Lower 48 states, the lowest price, $3.34 a gallon, was in Albuquerque, New Mexico. The highest was $4.27 in Los Angeles. By Gary Truitt – May 4, 2014 Facebook Twitter SHARElast_img