The average national price of gasoline fell 9 cents in the past two weeks, bringing it to its lowest point in nearly five years, according to a national survey released Sunday.
The average price of regular gasoline Friday was $1.66 a gallon, oil industry analyst Trilby Lundberg said. The price of mid-grade was $1.80 a gallon and the price of premium was $1.92 a gallon.
The last time gas prices dipped so low was in February 2004, Lundberg said, when the national average for regular was also around $1.66 a gallon. The all-time high was on July 11, 2008, when the price peaked at $4.11 a gallon.
Of cities surveyed, the nation’s lowest price was $1.37 in Cheyenne, Wyo. The highest price was $2.41 in Anchorage, Alaska. In the continental United States, the highest price was on New York’s Long Island, at $1.92.
(Source: Associated Press)
5 Responses
which is sort of like saying that you’ve managed to avoid going to restaurants – because you’re too sick to leave the house
going back to before the recent surge is good, dropping further is an indicator of deflation, which is bad
Where is gas $1.66 per gallon? Tell me, tell me!!!!
Now lets see Car Service and food prices should fall.., didn’t they rise because of high gas prices???
$1.45 at the Shell station in Brick off Parkway exit 91. I filled up a 22 gal. tank for $32.00!! Life is good.
Don’t get used to it, folks.