National Gas Prices Hold Steady

By: Associated Press
By: Associated Press

CAMARILLO, Calif. (AP) - Gasoline prices have remained steady the last three weeks.

According to the Lundberg Survey, the average nationwide price for a gallon of self-serve regular was $2.93 on Friday, a fraction of a penny lower than it was three weeks ago.

Analyst Trilby Lundberg says the supply of gasoline is up, demand is not up and there's been an "overall enhancement to the supply and demand balance."

As a result, she says, prices are no longer rising and may even
fall soon.

But she says that assumes that nothing extreme happens to the price of crude oil, and that there is no more storm damage to U.S. refining infrastructure.

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