breaking news
(New York, NY) -- Motorists continue to catch a break as the price of
gasoline dropped seven cents a gallon over the past two weeks.
According the Lundberg Survey of gas stations nationwide, the average price
of a gallon of regular gasoline is $2.52. Thats over a dollar less than it was this time last year.
Survey chief Trilby Lundberg says the decline parallels a decline in crude
oil prices due to higher inventories.
The recession and ongoing unemployment are also said to be responsible for
the drop in gas prices.
Oddly, the highest price for gasoline is found in oil-rich Alaska, where a
gallon of regular costs $3.29 a gallon in Anchorage.
In the lower 48 states, gas is most expensive in San Francisco, where it
costs an average of $3.15 a gallon.
St. Louis, Missouri, has one of the lowest prices at $2.16 a gallon.
Cheaper yet is gas in Tucson, Arizona, where a gallon of regular is as low
as $2.08.
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