Skip navigation

Price of gas down 10 cents in the last two weeks

Lundberg survey analyst says its first significant drop since December

INTERACTIVE
Image: Pumping gas
Gas prices across the United States
State-by-state look at prices at the pump.
Image: Warren Buffett
Reuters
Warren Buffett: Financial panic is over
  Capitalism is still alive and well, say the world's two richest men, despite lingering shocks from the longest, deepest recession since the Great Depression.
Pay czar concerned firms could lose talent
U.S. banks to prepay $45 billion to FDIC
Geithner encouraged by policies in Asia
World Bank: Job losses threaten U.S. economy
Video: Economy in turmoil
Larry's Last Word
CNBc's Larry Kudlow recommends saving American capital for jobs.
The Path to Prosperity
Billionaires Buffett & Gates
Can Harry Reid Be Stopped?
TARP to Pay for Deficits?
updated 10:53 a.m. ET July 13, 2009

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.

Story continues below ↓
advertisement | your ad here

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.

© 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  MORE FROM OIL & ENERGY  
  
Oil & Energy Section Front
 
Add Oil & Energy headlines to your news reader: