Gas prices crash? Prices drop 10 cents in three weeks (+video)

Gas prices crash? The average price of gasoline in the US has dropped 10 cents in the past three weeks, and it may be going lower. 

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    Gas prices are displayed last month in Montpelier, Vt. A gas prices crash may be looming. Prices have droppen 10 cents per gallon on average and are expected to keep falling.
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The average U.S. price of a gallon of gasoline has dropped ten cents over the past three weeks.

That's according to the Lundberg Survey of fuel prices, released Sunday, which puts the price of a gallon of regular at $3.38.

Midgrade costs an average of $3.55 a gallon, and premium is $3.69.

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Diesel dipped two cents to $4.02 a gallon.

Of the cities surveyed in the lower 48 states, Memphis, Tenn., has the nation's lowest average price for gas at $3.04. Long Island, N.Y. has the highest at $3.85.

In California, the lowest average price was $3.42 in Stockton and the highest was $3.73 in Bakersfield. The average statewide for a gallon of regular was $3.52, down a dime.

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