Price of U.S. Gas Drops to New Low

Fuel Fix: “The average price of regular gasoline at U.S. pumps slid to the lowest level in almost four years, dropping 18.18 cents in the two weeks ended Oct. 24 to $3.0759 a gallon, according to Lundberg Survey Inc.”

“Prices are 28.69 cents lower than a year ago, according to the survey, which is based on information obtained at about 2,500 filling stations by the Camarillo, California-based company.”

“The highest price for gasoline in the lower 48 states among the markets surveyed was in San Francisco, at $3.45 a gallon … The lowest price was in Memphis, Tennessee, where customers paid an average $2.73 a gallon. Regular gasoline averaged $3.33 a gallon on Long Island, New York, and $3.39 in Los Angeles.”

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