February 24, 2013

US gas prices jump 20 cents over past 2 weeks

The Associated Press

CAMARILLO, Calif. — The average U.S. price of a gallon of gasoline has jumped 20 cents over the past two weeks.

The Lundberg Survey of fuel prices released Sunday says the price of a gallon of regular is $3.80. Midgrade costs an average of $3.95 a gallon, and premium is $4.09.

Diesel was up a dime to $4.17 gallon.

Of the cities surveyed in the lower 48 states, Billings, Mont., has the nation's lowest average price for gas at $3.23. Los Angeles has the highest at $4.29.

In California, the lowest average price was $4.02 in Sacramento. The average statewide for a gallon of regular was $4.18, up 20 cents.

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