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U.S. Gasoline Rises 0.80c to $2.2613/Gal in Lundberg Survey
2016-11-06 19:24:07.783 GMT
By Ryan Sachetta (Bloomberg) -- Avg price for regular gasoline at U.S. pumps
rises 0.80c to $2.2613/gal, according to Lundberg Survey Inc.
* Survey by Camarillo, Calif.-based co. conducted Nov. 4,
based on information at 2,500 filling stations * Highest avg U.S. retail price: $2.83/gal in Los Angeles * Lowest avg U.S. retail price: $1.84/gal in Tulsa, Okla. * Long Island, N.Y.: $2.34/gal * Current price is 1.59c above this time last year * NOTE: New Jersey raised its gasoline tax by 22.6c/gal during
this period, which impacted the overall national retail avg. * “Putting crude aside, the indication is for gasoline prices
to drop because of seasonal demand and a year-over-year
decline in gasoline demand,” Trilby Lundberg, president of
Lundberg Survey, says in phone interview. * On Colonial Pipeline outage: “It was not long enough in
duration to make its way into the wholesale gasoline market,
let alone the retail market”
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