Gas prices nationwide drop 7 cents

July 26, 2009 4:57:39 PM PDT
The U.S. price of gasoline fell about 7 cents a gallon during the past two weeks to $2.49, for a gallon of regular unleaded. That's according to the national Lundberg Survey of fuel prices released Sunday.

Analyst Trilby Lundberg says it appears the rate of decline is slowing. The latest average price of regular gasoline is $1.51 below the price at the same time last year, which peaked at an all-time high of $4.11.

The average price for a gallon of mid-grade was $2.62. Premium was at $2.74.

Jackson, Miss., had the lowest average price, $2.22 for a gallon for regular unleaded. Honolulu was the highest at $3.03.



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Links to Information and Resources:

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    Westchester Department of Consumer Protection:

  • Survey of Gasoline Prices

    Government Accountability Office:

  • Guide to Understanding Retail Gas Prices (PDF)

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