US gas prices remain steady at an average of $2.25/gallon


Associated Press
Published 2:53 p.m. ET Aug. 9, 2020

Gas pump nozzles in a service station (Photo: Getty Images)

The average U.S. price of regular-grade gasoline held steady over the past two weeks at $2.25 per gallon.

That’s 50 cents below the average pump price from a year ago.

Industry analyst Trilby Lundberg of the Lundberg Survey said Sunday the prices are stable because crude oil prices barely changed and the U.S. has a glut of gasoline yet a weak demand during the coronavirus pandemic as wide-ranging unemployment persists.

Nationwide, the highest average price for regular-grade gas is in the San Francisco Bay Area at $3.31 per gallon. The lowest average is in Baton Rouge, Louisiana, at $1.77 per gallon.


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