Gas prices drop 7 cents in two weeks
Gas prices drop to an average $3.47 a gallon nationally. Memphis, Tenn., has seen gas prices drop to $3.04 for a gallon of regular unleaded, the lowest of any city in the Lundberg Survey of the Lower 48 states.
In this October file photo, lower fuel prices are advertised at a North Little Rock, Ark., gas station. Nationally, gas prices drop seven cents over the past two weeks, according to a new survey.
Danny Johnston/AP/File
CAMARILLO, Calif.
The average U.S. price of a gallon of gasoline has dropped 7 cents over the past two weeks.
That's according to the Lundberg Survey of fuel prices, released Sunday, which puts the price of a gallon of regular at $3.47.
Midgrade costs an average of $3.65 a gallon, and premium is $3.78.
Diesel dipped 4 cents to $4.04 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 $4.18.
In California, the lowest average price was $3.59 in Sacramento and the highest was $3.83 in Bakersfield. The average statewide for a gallon of regular was $3.77, down 21 cents.