Despite oversupply, U.S. gas prices leap
Gasoline prices have jumped another nickel, to 55 cents a gallon more than a year ago, according to a study published Sunday.
The average price for a gallon of regular is $3.18, the Lundberg Survey found. That’s up 5 cents from two weeks ago, publisher Trilby Lundberg said.
“That is a significant bite for motorists considering the continued deep unemployment,” Lundberg said.
