Transport Topics Online  
The Newspaper of Trucking and Freight Transportation
Welcome  Guest  Log In         
4/7/2014 9:00:00 AM Write a Letter to the Editor Write a letter to the Editor

Gasoline Prices Rise to Eight-Month High in Lundberg Survey

Larry Smith/TransPix

The average price for regular gasoline at U.S. pumps rose 4.9 cents in the past two weeks to $3.6065 a gallon, the highest since July 26, according to Lundberg Survey Inc.

The survey covers the period ended April 4 and is based on information obtained at about 2,500 filling stations by the Camarillo, Calif.-based company.

The average retail price is 4 cents lower than a year ago, Lundberg said.

“In general, the uptrend has been losing steam,” Trilby Lundberg, president of Lundberg Survey, said in a telephone interview April 6. “This is a modest rise. Demand is higher than it was during the same period one year ago.”

Implied demand for gasoline fell 3.5 percent in the week ended March 28, remaining 0.8 percent above the five-year seasonal average, data from the Energy Department show.

The highest price for gasoline in the lower 48 states among the markets surveyed was in Los Angeles, at $4.04 a gallon, Lundberg said. The lowest price was in Billings, Mont., where customers paid an average $3.20 a gallon. Regular gasoline averaged $3.75 a gallon on Long Island, N.Y.

By Bloomberg News

Follow Transport Topics on Subscribe to get up to the minute news briefs and more from our feeds. RSS Twitter Twitter Facebook Facebook

© 2014, Transport Topics, American Trucking Associations Inc.
Reproduction, redistribution, display or rebroadcast by any means without written permission is prohibited.



Follow Us


This free daily newsletter delivers the latest headlines.

TT Executive Suite
This subscriber-only newsletter program tailors your news.



© American Trucking Associations, Inc., All Rights Reserved Privacy Statement