Average Price Of US Gas Jumps 9 Cents

The average U.S. price of regular-grade gasoline spiked over the past two weeks.

Gasoline is close to breaking below a key psychological barrier as drivers enjoy some of the cheapest pump prices since the recession. The nationwide average price of a gallon of regular Saturday, Dec. 12, 2015 was $2.02. Experts say it could drop below $2 in the coming days. (AP Photo/Elise Amendola, File)
Gasoline is close to breaking below a key psychological barrier as drivers enjoy some of the cheapest pump prices since the recession. The nationwide average price of a gallon of regular Saturday, Dec. 12, 2015 was $2.02. Experts say it could drop below $2 in the coming days. (AP Photo/Elise Amendola, File)

The average U.S. price of regular-grade gasoline spiked 9 cents a gallon over the past two weeks to $2.83.

Industry analyst Trilby Lundberg said Sunday that the jump was driven primarily by rising crude oil costs.

The current gas price is 37 cents above where it was a year ago.

The highest average price in the contiguous 48 states was $3.68 in the San Francisco Bay area. The lowest was $2.45 in Baton Rouge, Louisiana.

The average price for diesel fuel rose six cents, to $3.10.

(Source: The Associated Press)

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