Average US gas price jumps 3 cents to $2.54 for regular

  • The current gas price is 16 cents above where it was a year ago 
  • Gas in San Francisco was the highest in the contiguous United States at an average of $3.22 a gallon 
  • The U.S. average diesel price is $2.94, up 6 cents from three weeks ago 
  • A report my GasBuddy released last week also suggests that Americans are going to be digging deeper into their pocket for gas in 2018. 

The average price of a gallon of regular-grade gasoline jumped 3 cents nationally over the past three weeks to $2.54.

Industry analyst Trilby Lundberg of the Lundberg Survey said Sunday that the increase is due to higher crude oil costs.

The current gas price is 16 cents above where it was a year ago.

Gas in San Francisco was the highest in the contiguous United States at an average of $3.22 a gallon. The lowest was in Tucson, Arizona, at $2.10 a gallon.

The average price of a gallon of regular-grade gasoline jumped 3 cents nationally over the past three weeks to $2.54 (file picture)

The U.S. average diesel price is $2.94, up 6 cents from three weeks ago.

A report my GasBuddy released last week also suggests that Americans are going to be digging deeper into their pocket for gas in 2018. 

The yearly national average will rise 19 cents versus last year to $2.57 per gallon, the highest since 2014, according to the 2018 Fuel Price Outlook.

Their forecast also suggests the nation’s yearly gasoline bill will rise to $364.6 billion dollars, some $25 billion higher than what motorists spent last year.

The average household could also see their yearly gasoline bill rise to $1,898, up from $1,765 in 2017. 

Compared to 2016, motorists will be shelling out $62 billion more during the year, enough to buy a fleet of 670 Boeing 737s.

The current gas price is 16 cents above where it was a year ago. Gas in San Francisco was the highest in the contiguous United States at an average of $3.22 a gallon. The lowest was in Tucson, Arizona, at $2.10 a gallon (file picture)

The current gas price is 16 cents above where it was a year ago. Gas in San Francisco was the highest in the contiguous United States at an average of $3.22 a gallon. The lowest was in Tucson, Arizona, at $2.10 a gallon (file picture)



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