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Survey: US gas prices fall nine cents to $3.58

Created: 07/28/2014 7:01 AM WHEC.com

A national survey finds the average U.S. price of regular-grade gasoline has plummeted nine cents a gallon over the past two weeks to $3.58. In Rochester, the average is higher at $3.76 per gallon.
    
That's the largest drop this year.
    
Industry analyst Trilby Lundberg said Sunday the decrease came despite a rise in crude-oil prices. Lundberg says U.S. refiners, enjoying plentiful supplies, aggressively cut wholesale prices to chase sales.
    
Midgrade averages were $3.78, and premium averages were $3.93. The U.S. average retail diesel price is down 4 cents per gallon, to $3.90.
    
The lowest average price Lundberg found in the lower 48 states was $3.23 in Tulsa, Oklahoma. The highest was $4.03 in San Francisco.
    
The lowest average price in California was $3.86 in Sacramento.





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