Average US gasoline price jumps 33 cents to $4.71 per gallon

The prices are dispalyed above the various grades of gasoline available at a Conoco station Saturday, May 21, 2022, in Denver. (AP Photo/David Zalubowski) (David Zalubowski, Copyright 2022 The Associated Press. All rights reserved.)

CAMARILLO, Calif. – The average U.S. price of regular-grade gasoline spiked 33 cents over the past two weeks to $4.71 per gallon.

Industry analyst Trilby Lundberg of the Lundberg Survey said Sunday that the price jump comes amid higher crude oil costs and tight gasoline supplies.

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The average price at the pump is $1.61 higher than it was one year ago.

Nationwide, the highest average price for regular-grade gas is in the San Francisco Bay Area, at $6.20 per gallon. The lowest average is in Tulsa, Oklahoma, at $3.92 per gallon.

According to the survey, the average price of diesel rose 9 cents over two weeks, to $5.66 a gallon.