U.S. gas prices 'crash'
(CNN)-- Gas prices have actually plunged 46 cents a gallon over the past two months, according to a study released Sunday. "This has been a true price crash," stated Trilby Lundberg, author of the Lundberg Survey. The average price of a gallon of regular fuel is $ 3. 38, down virtually a penny over the past 3 weeks, Lundberg stated. "This crash began back when refining problems around the country were being fixed, one after the other, at the same time that our seasonal gasoline demand was shrinking," she stated. Crude oil prices have actually additionally dropped after having actually risen steadily. Prices at the pump ought to drop more in the coming days, as refiners cut how much they're charging distributors and merchants, Lundberg stated. The national average is about 8 cents greater than the average a year ago.
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Trilby Lundberg
Overall Sentiment: 0.0521667
Relevance: 0.922041
| Sentiment | Quote |
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| 0.172104 | "This has been a true price crash," said Trilby Lundberg, ... |
| 0.150499 | "This crash began back when refining problems around the country were being fixed, one after the other, at the same time that our seasonal gasoline demand was shrinking," she said. ... |
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FieldTerminology: Crude oil prices
Overall Sentiment: 0.0635689
Relevance: 0.610005
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Gas prices have plummeted 46 cents a gallon in the past two months, to $3,38 for a gallon of regular, according to a survey. Prices should drop more in coming days, an expert says.
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U.S. gas prices 'crash'
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