CAMARILLO, Calif. (AP) — The common U.S. value of regular-grade fuel shot up a whopping 79 cents over the last two weeks to a record-setting $4.43 in step with gallon (3.8 liters).
Business analyst Trilby Lundberg of the Lundberg Survey stated Sunday the brand new value exceeds by way of 32 cents the prior all-time prime of $4.11 set in July 2008.
The cost on the pump is $1.54 upper than it was once a 12 months in the past.
Lundberg stated gasoline costs are more likely to stay prime within the brief time period as crude oil prices leap amid international provide considerations following Russia’s invasion of Ukraine.
National, the easiest moderate value for regular-grade gasoline is within the San Francisco Bay Space, at $5.79 in step with gallon. The bottom moderate is in Tulsa, Oklahoma, at $3.80 in step with gallon.
In keeping with the survey, the common value of diesel additionally spiked, up $1.18 over two weeks, to $5.20 a gallon. Diesel prices $2.11 greater than it did 365 days in the past.