The average US gasoline price fell 45 cents in 3 weeks.That’s not enough to restore demand, an industry analyst says

CAMARILLO, Calif. — The average U.S. regular-grade gasoline price has plunged 45 cents over the past three weeks to $4.10 a gallon.

Trilby Lundberg, an industry analyst at Lundberg Survey, said on Sunday that prices continued to fall as crude costs also remained low.

“A drop of $1 per gallon was not enough to restore motorist demand, which is pulling back due to persistently high price levels,” Lundberg said in a statement.

The average price at gas stations has fallen by $1 over the past nine weeks, but is 85 cents higher than a year ago.

Nationally, the average price of regular natural gas is highest in the San Francisco Bay Area, at $5.36 a gallon. The lowest average price was in Baton Rouge, Louisiana, at $3.38 per gallon.

The average price of diesel plunged 37 cents in three weeks to $5.17 a gallon, according to the survey.

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