Tuesday, Jul 26, 2016
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Economy

Gasoline falls 3.5 cents in 2 weeks to $2.94 a gallon

CAMARILLO, Calif. The average U.S. price of regular gasoline at the pump fell 3.5 cents in the last two weeks to $2.94 a gallon, according to oil industry analyst Trilby Lundberg s survey of 7,000 filling stations.

Pump prices declined as inventories rose to the highest since February, 1999, and demand decreased, a U.S. Energy Department report last week showed. It was the 13th-straight weekly gain in supplies. Crude oil stockpiles rose for the fourth consecutive week.

The highest average price for self-serve regular was $3.35 a gallon in Honolulu; the lowest was in St. Louis, at $2.76.

The highest average price for self-serve regular was $3.35 a gallon in Honolulu; the lowest was in St. Louis, at $2.76.

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