The average U.S. price of gasoline has dipped 3.5 cents a gallon in the past two weeks and prices in California have fallen nearly 8 cents in the same time period.
According to the Lundberg Survey released Sunday, the average nationwide for a gallon of regular is now $3.31. Midgrade averages $3.50 and premium is $3.65.
Of cities surveyed in the Lower 48 states, the lowest price, $2.94, was in Billings, Mont.
San Diego, Calif., had the highest price at $3.60.
In California, prices for a gallon of regular dropped nearly 8 cents to $3.54.
The lowest price, $3.34, was in Sacramento.
(AP)
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2 Responses
Remember back in the 2012 presidential campaign, when Newt Gingrich said if he were president, he could push gasoline prices down to $2.50 per gallon? Am I the only person who still gets a laugh out of that claim? And why has Newt not shared his secret with anyone else?
“why has Newt not shared his secret with anyone else?”
Because George W. Bush revealed the secret and put it into effect in late 2008. The average gasoline price was $4.12/gallon in summer 2008. Then the economy crashed. By winter it made it down to $1.61/gallon.