Average U.S. gas price dips again, to $2.26

A fill-up at the Murphy station south of downtown Houston.

The average price of a gallon of regular gasoline in the U.S. fell 3.3 cents, according to GasBuddy.com.

As of Sunday, the price was $2.26 per gallon based on a GasBuddy.com survey. The decline was the 22nd straight and the lowest level so far this year, GasBuddy senior petroleum analyst Patrick DeHaan said in a statement. Wet weather across the West Coast likely lowered demand there and the Midwest is experiencing a surplus in winter gasoline, DeHaan added.

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“But before motorists celebrate such cheap gas, the sweet deal likely won’t stick much longer as we’ve been waiting since last week to see such loss-leaders to disappear,” DeHaan said. “However, we may continue to see the national average moderate during the next week, with the exception in the Great Lakes, where a price adjustment of sorts is still expected.”

 

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