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Survey: US gas prices down 4 cents per gallon

(Joe Raedle, Getty Images)
(Joe Raedle, Getty Images)
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Updated: 8/24 2:54 pm

CAMARILLO, Calif. (AP) — The average U.S. price of gasoline has dipped 4 cents per gallon in the past two weeks and prices in California have fallen 5 cents in the same time period.

According to the Lundberg Survey released Sunday, the average nationwide price for a gallon of regular is now $3.48 — 8 cents below what it was a year ago. The average price for midgrade gasoline is $3.69 and premium is $3.84.

Of cities surveyed in the Lower 48 states, the lowest price, $3.11, was in Jackson, Mississippi. San Francisco had the highest price at $3.92.

In California, prices for a gallon of regular dropped 5 cents to $3.81.

The lowest price, $3.66, was in Bakersfield.

The average U.S. price of gasoline dropped 23 cents during the past nine weeks.

 

©2014 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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