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Average Gallon of Regular Gasoline in U.S. Drops Below $2.50

July 19, 2023
in Trade Tube
Reading Time: 1 min read
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The average national price of a regular gallon of gasoline continues to drop. Industry analyst Trilby Lundberg said Sunday that the price of a regular gallon of gas dropped 5 cents in the past three weeks to $2.45 a gallon. Lundberg says the drop came despite a rise in crude oil prices. She says retailers and refiners dropped prices to chase demand from U.S. drivers. The San Francisco Bay Area had the most expensive gas at $3.13 a gallon among cities surveyed in the Lower 48 states. Charleston, South Carolina, had the cheapest at $2.10. The average national price for midgrade gas was $2.66 and $2.83 for premium. Diesel dropped about 8 cents to $2.90. The average price for a regular gallon of gas is down $1.16 from last year.

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