Gasoline falls 3.5 cents in 2 weeks to $2.94 a gallon
2/11/2008CAMARILLO, 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.