U.S. gas prices 'crash'
(CNN) -- Gas prices have plummeted 46 cents a gallon over the past two months, according to a survey released Sunday. "This has been a true price crash," said Trilby Lundberg, publisher of the Lundberg Survey. The average price of a gallon of regular gasoline is $3. 38, down nearly a dime over the past three weeks, Lundberg said. "This crash began back when refining problems around the country were being fixed, one after the other, at the same time that our seasonal gasoline demand was shrinking," she said. Crude oil prices have also dropped after having risen steadily. Prices at the pump should drop even more in the coming days, as refiners cut how much they're charging distributors and retailers, Lundberg said. The national average is about 8 cents higher than the average a year ago. The survey tallies prices at thousands of gas stations nationwide.
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Lundberg average prices true price crash Trilby Lundberg seasonal gasoline demand Lundberg Survey Crude oil prices average price lowest average national average Salt Lake City highest average average prices regular gasoline Gas prices refining problems cents Long Island New York Los Angeles Baton Rouge gas stations gallon latest survey St. Louis dime refiners CNN Sunday publisher country pump time Boston distributors Baltimore Atlanta Memphis citiesPeople:
Trilby Lundberg
Overall Sentiment: 0.0521667
Relevance: 0.922041
| Sentiment | Quote |
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| 0.172104 | "This has been a true price crash," said Trilby Lundberg, ... |
| 0.150499 | "This crash began back when refining problems around the country were being fixed, one after the other, at the same time that our seasonal gasoline demand was shrinking," she said. ... |
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- The Standard Deviation, when there are enough quotes, will indicate an individual's consistency of sentiment (i.e. a Standard Deviation of 0 would mean they were very consistent in their sentiment and 1 would mean they were very inconsistent).
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Additional Info:
FieldTerminology: Crude oil prices
Overall Sentiment: 0.0635689
Relevance: 0.610005
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Gas prices have plummeted 46 cents a gallon in the past two months, to $3,38 for a gallon of regular, according to a survey. Prices should drop more in coming days, an expert says.
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U.S. gas prices 'crash'
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