CNNMoney.com
Companies Economy International Corrections Pre-market Trading After-hours Trading Winners/Losers/Actives Bonds Currencies Commodities World Markets Money Magazine Real Estate Taxes Jobs Ask the Expert Money 101 Autos Mutual Funds The Help Desk Loan Center Best Places to Live Ask the Expert Ultimate Guide to Retirement Retirement Calculators Rules of Retirement Best Funds Best Places to Retire Fortune Brainstorm Tech Apple 2.0 Blog Big Tech Blog Sectors and Stocks Tech Talk Resource Guide Small Business Makeovers Questions & Answers Small Business Video 100 Best Places to Launch FSB 100 Fortune Small Business Fortune 500 Brainstorm Tech Investing Management C-Suite Rankings Main Create Portfolio Edit Portfolio Create Alerts Edit Alerts

Gas prices hold steady over past two weeks

Lundberg survey shows average gallon at $2.05, with summer increases expected to be moderate.

EMAIL  |   PRINT  |   SHARE  |   RSS
 
google my aol my msn my yahoo! netvibes
Paste this link into your favorite RSS desktop reader
See all CNNMoney.com RSS FEEDS (close)

The National Report Card
Obama's First 100 Days
You elected them... now grade them along with CNN's best political team! Rate the president, Congress and your state leaders in CNN's National Report Card
Wednesday, April 29th, at 7 p.m. ET

ATLANTA (CNN) -- Prices at the pump in the United States have held virtually still over the past two weeks, according to a survey published Sunday.

The average price of a gallon of self-serve regular is $2.05, the Lundberg Survey found. The same survey found the same average two weeks earlier.

The latest price is actually 0.68 cent higher than the previous one, but when rounded down to the nearest cent, it comes out the same.

The price -- calculated by averaging prices at thousands of gas stations nationwide -- is $1.42 lower than the average one year ago.

And though gas prices generally rise as the summer approaches and more people take to the road, don't expect the kind of rapid hikes seen last year, said publisher Trilby Lundberg.

The economy is keeping a lid on gasoline prices, and crude oil can be expected to stay at its current price range, Lundberg said.

"For the next few months, gasoline will feel like a bargain," she said.

The city with the lowest average price in the latest survey was Phoenix, where a gallon of self-serve regular cost $1.80. The highest average was in Anchorage, at $2.45.

Here are the average prices in some other cities: Hartford, Conn. - $2.15; Philadelphia - $2.07; Atlanta - $1.95; Chicago - $2.26; Wichita, Kan. - $1.85; Albuquerque - $2; Salt Lake City - $2.06; Los Angeles - $2.31.

The Lundberg average closely approximates the $2.052-a-gallon daily average compiled by motorist group AAA, as of Sunday. The AAA average is down more than half from the record $4.114 reported last July 17. To top of page

Features
Markets Last Change
Dow Jones 10,455.10 -9.83 / -0.09%
Nasdaq 2,256.81 4.14 / 0.18%
S&P 500 1,117.82 -0.20 / -0.02%
10-year Bond 97 7/32 Yield: 3.71%
U.S.Dollar 1 euro = $1.431 0.006
December 23, 2009 10:07 AM ET
CompanyPrice% Change
Tenet Healthcare Corp 5.75 8.08%
Micron Technology Inc 9.96 5.84%
YRC Worldwide Inc 1.08 -5.26%
Gannett Co Inc 15.14 5.07%
Dec 23 10:03am ET †
More Galleries
8 hot cars: Class of 2000 In just 10 years, the market's changed a lot when it comes to cars. Where are these models now? The Prius became a hit; the Aztek got killed. More
Obama's Main Street favorites President Obama meets often with small business owners, peppering his speeches with their stories. We checked in with 6 entrepreneurs touted by the President to find out how they handle health care. More
Meet the hardest working Santas This is no part-time gig for these St. Nicks. They've carved out a profession warming kids' hearts during the coldest time of year. More
Sponsors

© 2009 Cable News Network. A Time Warner Company. All Rights Reserved. Terms under which this service is provided to you. Privacy Policy. Advertising Practices.
Copyright © 2009 BigCharts.com Inc. All rights reserved. Please see our Terms of Use.
MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc.
Intraday data provided by Interactive Data Real-Time Services and subject to the Terms of Use.
Intraday data is at least 20-minutes delayed. All times are ET.
Historical, current end-of-day data, and splits data provided by Interactive Data Pricing and Reference Data.
Fundamental data provided by Morningstar, Inc..
SEC Filings data provided by Edgar Online Inc..
Earnings data provided by FactSet CallStreet, LLC.