Gas Prices Up Nearly A Dime

CAMARILLO, Calif. (AP/KMOX)- Industry analyst Trilby Lundberg says the average U.S. price of gasoline is up 8 cents a gallon over the past three weeks.

According to the Lundberg Survey released Sunday, the average for a gallon of regular gas is now $3.35. Midgrade averages $3.54, and premium is $3.68.

Of cities surveyed in the Lower 48 states, the lowest price, $2.97 a gallon, was in Albuquerque, N.M.

Long Island, N.Y., had the highest, at $3.67.

According to the website Saint Louis Gas Prices.com, the average price in St. Louis was $3.17 on Sunday.
A week ago it was $3.05.

Trilby Lundberg says gas prices are going up, due to corrections made by refiners and retailers who’d been keeping margins too low.

(TM and © Copyright 2014 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2014 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.)

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