GO
Loading...

US average gas price rises 5 cents per gallon

Getty Images

The average cost of a gallon of regular gasoline in the U.S. rose 5 cents, to $3.56, during the past two weeks.

That's according to a survey released Sunday.

Industry analyst Trilby Lundberg says the increase stems from a jump in the price of ethanol used to make gasoline.

She says another reason for the rise is that U.S. refiners are starting to switch over to more expensive summer-blend gasoline.

(Read more: US manufacturing is coming back—Thank shale)

The average prices of a gallon of midgrade and premium gas were $3.74 and $3.89, respectively. Diesel averaged $4.02 per gallon.

Ofthe cities surveyed in the Lower 48 states, Billings, Mont., has the lowest average price at $3.18 a gallon and Los Angeles has the highest average price at $4.

—By the Associated Press

Featured

Contact Energy

  • CNBC NEWSLETTERS

    Get the best of CNBC in your inbox

    › Learn More