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News / Business / Business Briefs

Gas prices rise 22 cents per gallon in three weeks

The Columbian
Published: May 16, 2015, 5:00pm

CAMARILLO, Calif. — The average national price of a regular gallon of gasoline has jumped 22 cents in the past three weeks to $2.80.

Industry analyst Trilby Lundberg said Sunday that higher crude prices caused by a weaker U.S. dollar and strong gasoline demand drove the increase. However, she says the price was 93 cents lower than a year ago.

The average national price for midgrade was $3.00 and premium was $3.16. Diesel was $2.97.

In a survey of cities in the Lower 48 states, Los Angeles had the highest price at $3.95 a gallon. Baton Rouge, La., had the lowest at $2.32. Lundberg says price hikes will likely slow or stop due to an expected increase in supplies.

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