Prices at Pump Jump 25 Cents

posted: 189 DAYS 16 HOURS AGO

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CAMARILLO, Calif. (May 18) - The price of gasoline in the U.S. jumped 25 cents a gallon during the past three weeks, but remains well below prices from a year ago.

That's according to the national Lundberg Survey of fuel prices released Sunday.

Analyst Trilby Lundberg says the average U.S. price of regular-grade gasoline was $2.30 a gallon Friday, when the survey was completed.

That's up from $2.05 a gallon recorded on April 24, but $1.49 a gallon cheaper than at this time last year.

The lowest price for gasoline in the U.S. was found in Phoenix, at $1.99 a gallon. The highest was in Chicago, at $2.63.

Copyright 2009 The Associated Press. The information contained in the AP news report may not be published, broadcast, rewritten or otherwise distributed without the prior written authority of The Associated Press. Active hyperlinks have been inserted by AOL.

2009-05-17 16:12:44

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