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Refiners, retailers drop prices, chase US drivers' demand
Source: AP
CAMARILLO, Calif. (AP) — The average national price of a regular gallon of gasoline continues to drop.
Industry analyst Trilby Lundberg said Sunday that the price of a regular gallon of gas dropped 5 cents in the past three weeks to $2.45 a gallon.
Lundberg says the drop came despite a rise in crude oil prices. She says retailers and refiners dropped prices to chase demand from U.S. drivers.
The San Francisco Bay Area had the most expensive gas at $3.13 a gallon among cities surveyed in the Lower 48 states. Charleston, South Carolina, had the cheapest at $2.10.
FULL story at link.
Read more: http://bigstory.ap.org/article/d5a8ca03a1654dc3a12a7c4fbb89991d/refiners-retailers-drop-prices-chase-us-drivers-demand
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