Tap to enable a layout that focuses on the article.
Advertisement

OIL

Times Staff and Wire Reports

Pump Prices Fall: Gasoline prices nationwide dropped an average of 0.66 cent per gallon in the last three weeks, an oil industry analyst said. The drop is the first since mid-November, said Trilby Lundberg, publisher of Lundberg Survey. Motorists paid an average of 117.56 cents a gallon, including all grades and taxes, according to Friday’s survey of 10,000 gas stations nationwide. The Jan. 19 survey average was 118.22 cents. Lundberg said the drop was due to a decline in crude oil prices and stifled consumption in the East and Midwest because of extremely cold weather.

Sign up for Essential California

The most important California stories and recommendations in your inbox every morning.

Advertisement
Advertisement