Average US gas prices jump 8 cents thanks to crude costs

Markets Associated Press

The average price of a gallon of regular-grade gasoline jumped 8 cents nationally over the past three weeks, to $2.40.

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Industry analyst Trilby Lundberg of the Lundberg Survey said Sunday that the spike results from higher crude oil prices.

The current price is 23 cents above where it was a year ago, but well below where it was in mid-August of 2015, 2014, and 2013.

Gas in San Francisco was the most expensive in the contiguous United States at an average of $3.02 a gallon. The cheapest was in Jackson, Mississippi, at $2.08 a gallon.

The U.S. average diesel price is $2.57, up 6 cents over the past three weeks.