The average price of gasoline has dropped 7 cents over the past three weeks to $2.29 a gallon for regular grade.
Industry analyst Trilby Lundberg said Sunday that the decline comes thanks to lower oil prices and abundant gasoline supply. She says the current price is 54 cents less than it was a year ago.
The Lundberg Survey found the average price of midgrade unleaded was $2.57 a gallon and $2.78 for Premium.
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Posted by Arnaldo Rodgers on 9:38 am, With 0 Reads, Filed under Economy. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.