Gasoline prices rose nearly 3 cents a gallon in the last two weeks, an industry analyst said Sunday.
The average weighted price at the pump nationwide, including all grades and taxes, was about $1.45 a gallon Friday, according to the Lundberg Survey of 8,000 stations nationwide. Gasoline cost about $1.42 a gallon on average Dec. 6, the date of the previous such survey.
A crippling strike by Venezuelan oil producers, refiners and shippers drove up the price of crude oil, contributing to the cost hike at the retail level, Camarillo-based analyst Trilby Lundberg said.
"Crude oil prices are responding to a near halt of supplies from Venezuela," she said, noting that the South American producer is the fourth-largest supplier of imported oil to the U.S.