U.S. average gas price fell to less than $2.25 per gallon over past 2 weeks

A child pumps gas for his father at a gas station in Los Angeles on April 9, 2019. (Credit: FREDERIC J. BROWN/AFP/Getty Images)

by: Associated Press

Posted: Oct 11, 2020 / 05:12 PM PDT

Updated: Oct 11, 2020 / 05:12 PM PDT

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The average U.S. price of regular-grade gasoline fell half a penny over the past two weeks to just under $2.25 per gallon.

Industry analyst Trilby Lundberg of the Lundberg Survey said Sunday prices may change a little in the coming days as hurricanes pummel the Gulf Coast, impacting oil production. Still, a decline in demand for gasoline because of the pandemic means there is plenty of petroleum available for motorists.

Nationwide, the highest average price for regular-grade gas is in the San Francisco Bay Area at $3.36 per gallon. The lowest average is in Houston at $1.78 per gallon.

The average price of diesel in the survey taken Friday was $2.50 a gallon, down a penny from two weeks earlier.