Skip navigation
sponsored by 

U.S. gas prices drop to average of $3 per gallon

Survey: Pump costs fall sharply from May peak

updated 11:32 a.m. ET June 25, 2007

CAMARILLO, Calif. - The average price of gasoline across the country dropped about 11 cents over the last two weeks, according to a national survey released Sunday.

Regular gasoline, which peaked at $3.18 in May, dropped to $3 a gallon, oil industry analyst Trilby Lundberg said. Mid-grade averaged $3.11, and premium was $3.22.

The lowest price was in Jackson, Miss., where a gallon of regular cost $2.75.

Story continues below ↓
advertisement

The highest average price was in Chicago at $3.39, according to the Lundberg Survey of 7,000 stations nationwide.

Copyright 2007 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Sponsored links

Resource guide

Get Your 2008 Credit Score

Search Jobs

Find your next car

Find Your Dream Home

Find a business to start

$7 trades, no fee IRAs