Camarillo, Calif. — The average price for regular gasoline at U.S. pumps was little changed in the past three weeks, gaining just 0.35 cent to $3.6911 a gallon, according to Lundberg Survey Inc.
The survey covers the period ended Friday. It’s based on information obtained at about 2,500 filling stations.
The average retail price is 5.26 cents higher than a year ago, the survey said. Gasoline has fallen 3.14 cents since peaking this year at $3.7225 on May 2.
“The main crude oil grades fluctuated rather gently during the period, and on the gasoline side in the U.S., we’ve seen remarkably high refinery capacity utilization, plus an addition to stocks that normally decline this time of year,” said Trilby Lundberg, president of Lundberg Survey.