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Gas Dips 1¢ to $1.95, Lundberg Says
Oil Tops $53 a Barrel
The national average price of regular gasoline fell by a penny over the past two weeks to $1.95 a gallon, the first decline of the year, according to the latest Lundberg Survey of filling stations released Sunday.
The price is $1.31 lower than the price at this time last year, analyst Trilby Lundberg said in her latest report, which is issued twice a month.
The highest price was in Honolulu at $2.36 a gallon, while the lowest was in Cheyenne, Wyo., at $1.67, the survey said.
Meanwhile, oil prices to more than $53 a barrel in early trading Monday on a lower U.S. dollar, Reuters reported.
That was the highest price since Dec. 1 and is up from near $40 at the beginning of the month, according to New York Mercantile Exchange figures.
The Energy Department releases its weekly diesel and gasoline price survey on Monday afternoon in Washington.
