Memphis Daily News Chandler Reports Nashville Ledger
» Subscribe Today!
The Power of Information
Home
The Ledger - EST. 1978 - Nashville Edition
X
Skip Navigation LinksHome > Article
VOL. 42 | NO. 25 | Friday, June 22, 2018

Average gas price falls 6 cents a gallon; 1st drop in months

Print | Front Page | Email this story

CAMARILLO, Calif. (AP) — The average price of a regular gallon of gasoline fell 6 cents over the past two weeks, to $2.95.

That's the first drop in nearly four months. Industry analyst Trilby Lundberg warns that the decline could be temporary, however.

Lundberg said Sunday that oil prices recently rose $3 per barrel after OPEC said it is limiting oil production. She says it's likely that will lead to increased prices at the pump in the weeks ahead.

The lowest average gas price recorded in the contiguous 48 states was $2.44 a gallon in Charleston, South Carolina. The highest was $3.79 in the San Francisco Bay Area.

The average price for diesel fuel fell 2 cents, to $3.24.

Follow us on Facebook, Twitter & RSS:
Sign-Up For Our FREE email edition
Get the news first with our free weekly email
Name
Email  
TNLedger.com Knoxville Editon
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 0 0
MORTGAGES 0 0 0
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 0 0 0
BANKRUPTCIES 0 0 0
BUSINESS LICENSES 0 0 0
UTILITY CONNECTIONS 0 0 0
MARRIAGE LICENSES 0 0 0