Average price of US gas jumps 7 cents, to $2.90 a gallon

 
 
Updated 5/6/2018 12:12 PM

CAMARILLO, Calif. -- The average price of regular-grade gasoline in the U.S. rose 7 cents a gallon over the past two weeks to $2.90, the 10th week straight of increases.

Industry analyst Trilby Lundberg of the Lundberg Survey said Sunday that the jump marks the highest average price since November 2014.

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Lundberg says the increase is largely driven by higher crude oil costs and the phasing-in of summer-grade gasoline, which is used to prevent smog.

The highest average price in the contiguous 48 states was $3.73 in the San Francisco Bay Area. The lowest was $2.45 in Baton Rouge, Louisiana.

The average price for diesel fuel rose 5 cents, to $3.14.

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