Tags: gas | prices | gallon | drop

Average Gas Price Falls 6 Cents in 1st Drop in 4 Months

Average Gas Price Falls 6 Cents in 1st Drop in 4 Months
(Nexus7/Dreamstime)

Monday, 25 June 2018 09:18 AM EDT

The average price of a regular gallon of gasoline fell 6 cents over the past two weeks, to $2.95.

That's the first drop in nearly four months. Industry analyst Trilby Lundberg warns that the decline could be temporary, however.

Lundberg said Sunday that oil prices recently rose $3 per barrel after OPEC said it is limiting oil production. She says it's likely that will lead to increased prices at the pump in the weeks ahead.

The lowest average gas price recorded in the contiguous 48 states was $2.44 a gallon in Charleston, South Carolina. The highest was $3.79 in the San Francisco Bay Area.

The average price for diesel fuel fell 2 cents, to $3.24.

© Copyright 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


Economy
The average price of a regular gallon of gasoline fell 6 cents over the past two weeks, to $2.95.
gas, prices, gallon, drop
115
2018-18-25
Monday, 25 June 2018 09:18 AM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
Get Newsmax Text Alerts
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved