Lundberg Survey shows gasoline prices nationwide dropped 10 cents in past 2 weeks
By APSunday, July 12, 2009
Gasoline prices drop 10 cents in past 2 weeks
CAMARILLO, Calif. — The national average price of gasoline fell about 10 cents a gallon during the past two weeks to $2.56.
That’s according to the Lundberg Survey of fuel prices released Sunday.
Analyst Trilby Lundberg says it’s the first significant price drop since early December.
The latest average price of regular gasoline is $1.55 less than the price at the same time last year, which peaked at an all-time high of $4.11.
The average price for a gallon of mid-grade is now $2.69. Premium is $2.80.
Wichita, Kan., has the lowest prices. The average there is $2.26 for a gallon for regular. Honolulu has the highest prices, with an average of $3.20.
Filed under: Business, Finance, Financial Markets
Tags: Calif., California, Camarillo, Commodity Markets, North America, United States
Tags: Calif., California, Camarillo, Commodity Markets, North America, United States
YOUR VIEW POINT