Gas prices jump 15 cents in 2 weeks

The higher price of crude is responsible for pushing up prices at the pump, Lundberg survey says.

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)

Gasoline prices and taxes by state
Prices at the pump can vary widely among states due to a number of factors. More

(CNN) -- Gasoline prices rose more than 15 cents in the past two weeks, the result of rising crude oil prices, according to a survey published Sunday.

The average national price of a gallon of unleaded gasoline was at $2.6442, the August 7 Lundberg survey found, an increase of 15.83 cents from two weeks ago.

The increase results from a full month of higher crude oil prices, said survey publisher Trilby Lundberg.

"Both oil and gasoline prices are about where they were back in late June," Lundberg said. However, "as far as pump price hikes, this is probably it for a while, if crude oil stays put," she said.

Gasoline demand is down so far this month, she said. Job losses have resulted in fewer commuters on the road, and the summer demand season is short-lived.

The August 7 price is about $1.20 below gas prices a year ago, she said.

The city with the lowest average price in the survey was Charleston, South Carolina, at $2.38 per gallon of unleaded. The highest was Honolulu, Hawaii, at $3.07.

Here are the average prices in some other cities:

-- Baton Rouge, Louisiana, $2.47

-- Atlanta, Georgia, $2.50

-- Salt Lake City, Utah, $2.55

-- Minneapolis, Minnesota, $2.59

-- Boston, Massachusetts, $2.65

-- Portland, Oregon, $2.71

-- Los Angeles, California, $2.99 To top of page

Features
They're hiring!These Fortune 100 employers have at least 350 openings each. What are they looking for in a new hire? More
If the Fortune 500 were a country...It would be the world's second-biggest economy. See how big companies' sales stack up against GDP over the past decade. More
Sponsored By:
More Galleries
Here are the 20 most ticketed cars in America The racy Subaru WRX tops the list, but some of the other ticket magnets will surprise you. More
Lamborghini to unveil 910 horsepower plug-in hybrid The Lamborghini Asterion concept car will have a V10 engine and three electric motors. More
The weapons of The Walking Dead Zombies are fiction, but the weapons on The Walking Dead are real. More
Worry about the hackers you don't know 
Crime syndicates and government organizations pose a much greater cyber threat than renegade hacker groups like Anonymous. Play
GE CEO: Bringing jobs back to the U.S. 
Jeff Immelt says the U.S. is a cost competitive market for advanced manufacturing and that GE is bringing jobs back from Mexico. Play
Hamster wheel and wedgie-powered transit 
Red Bull Creation challenges hackers and engineers to invent new modes of transportation. Play

Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.