MenuMENU
SearchSEARCH

U.S. Gasoline Prices Rise to Eight-Month High in Lundberg Survey

April 7, 2014
2 min to read


(Bloomberg) - The average price for regular gasoline at U.S. pumps rose 4.9 cents in the past two weeks to $3.6065 a gallon, the highest since July 26, according to Lundberg Survey Inc.


The survey covers the period ended April 4. It’s based on information obtained at about 2,500 filling stations by the Camarillo, Calif.-based company.


The average retail price is 4 cents lower than a year ago, Lundberg said.


“In general, the uptrend has been losing steam,” Trilby Lundberg, president, Lundberg Survey, said in a telephone interview. “This is a modest rise. Demand is higher than it was during the same period one year ago.”


Implied demand for gasoline fell 3.5 percent in the week ended March 28, remaining 0.8 percent above the five-year seasonal average, data from the Energy Department show.


The highest price for gasoline in the lower 48 U.S. states among the markets surveyed was in Los Angeles, at $4.04 a gallon, Lundberg said. The lowest price was in Billings, Mont., where customers paid an average $3.20 a gallon. Regular gasoline averaged $3.75 a gallon on Long Island, N.Y.


Gasoline futures on the New York Mercantile Exchange rose 2.34 cents, or 0.8 percent, to $2.9313 a gallon in the two weeks ended April 4.


Inventories of the motor fuel across the U.S. fell 1.57 million barrels in the week ended March 28 to 215.6 million, the lowest since November, according to Energy Information Administration data. Stockpiles have fallen 7.6 percent in six straight weeks of declines.


Crude inventories fell 2.38 million barrels to 380.1 million last week. It was the first decline in 11 weeks.


West Texas Intermediate crude gained $1.68, or 1.7 percent, to $101.14 a barrel on the Nymex in the two weeks to April 4.

More Industry

man holding up car keys
Industryby Lauren LawrenceJanuary 9, 2026

2026 Consumer Priorities Revealed

The Global Automotive Consumer Study shows that U.S. car shoppers value in-person dealership visits, crave more affordability, and are still hesitant about EV adoption.

Read More →
Aerial picture of Norway with Tesla logo in top right corner
Industryby Lauren LawrenceJanuary 8, 2026

Norway Auto Sales Almost Entirely Electric

Tesla is the No. 1 selling car brand in the Nordic country and dominates its EV market with a 19% market share. The Model Y is the top-selling vehicle, setting the record for single-car model registrations last year.

Read More →
Protective Life Corporation building
Industryby StaffJanuary 6, 2026

Protective Expands Reach With F&I Acquisition

Protective Life Corp. closed its acquisition of F&I company Portfolio Holding Inc., expanding its Asset Protection Division across the automotive, RV, power sports and marine sectors.

Read More →
Ad Loading...
Industryby Hannah MitchellJanuary 5, 2026

Late-Year Auto Sales Off

Purchases of new and used vehicles were down in December despite several positive market turns for consumers, whose optimism didn’t match their big-ticket spending.

Read More →
lineup of cars
Salesby Lauren LawrenceJanuary 5, 2026

Used-Car Prices Down in December

A Carfax index indicates that prices were higher than December 2024 but had been on a downward trend for the past few months.

Read More →
Split picture. Toyota on left. Lexus on right.
Industryby Lauren LawrenceJanuary 5, 2026

Dealer Survey Shows Increased Optimism

The 2025 Kerrigan Dealer poll reports the first improvement in valuation expectations since 2021, with 24% of dealers expecting an increase this year, up 41%.

Read More →
Ad Loading...
Vintage convertible driving along a desert highway, capturing the freedom and cultural impact of early American car travel.
IndustryJanuary 1, 2026

Driving America Forward

As America turns 250, explore how the automotive industry shaped jobs, culture, innovation, and mobility from Detroit assembly lines to today’s EV era.

Read More →
Industryby Hannah MitchellDecember 26, 2025

2025 Sales Expected Up

The series of sales spikes this year that were inspired by shifting U.S. policies defied the drag of those same changes, according to one early forecast.

Read More →
Industryby Hannah MitchellDecember 24, 2025

Tundras in Tokyo

Toyota said it plans to sell some U.S. made models to its home-country consumers starting next year, despite the vehicles’ large size for a small-car culture.

Read More →
Ad Loading...
Industryby StaffDecember 23, 2025

Black Book: Weekly Market Update

Despite the week's softening conditions, the market analyst said demand for used vehicles showed in competitive bidding for newer units in better condition.

Read More →