• Photo
A gas pump displaying a $100 sale in Barre, Vt.

This April 20, 2012, file photo, shows a gas pump displaying a $100 sale in Barre, Vt. (AP Photo/Toby Talbot, File)

  • Business News
Malloy seeks review of Conn.…

HARTFORD, Conn. (AP) — Gov. Dannel P. Malloy's administration is offering a bill in the …

Auto parts maker to expand…

MARION, Ill. (AP) — A Japan-based maker of auto components says its roughly $15 million …

Improving economy changes…

WASHINGTON (AP) — Alleged misbehavior by the Internal Revenue Service and other federal …

Netflix hoping for memorable…

SAN FRANCISCO (AP) — Netflix is hoping this weekend's release of the resurrected TV …

4 convicted in Bank of…

NORFOLK, Va. (AP) — A federal court jury has found former Bank of the Commonwealth …

Advertisement

Gasoline prices continue to fall

Nationwide average for gallon of regular at $3.78

Updated: Monday, 21 May 2012, 5:28 AM CDT
Published : Monday, 21 May 2012, 5:28 AM CDT

CAMARILLO, Calif. (AP) — The latest Lundberg Survey finds gasoline prices have dropped six cents over the past two weeks, putting the nationwide average for a gallon of regular at $3.78.

Analyst Trilby Lundberg says falling crude oil prices are leading the decline. The near-month contract for the benchmark grade fell more than $1 Friday, closing at $91.48 a barrel on the New York Mercantile Exchange. Lundberg says if crude prices stay in that neighborhood, gas prices could come down another 5 to 10 cents.

Of the cities surveyed, Memphis, Tenn., has the nation's lowest average price at $3.34 for regular. San Francisco has the highest at $4.36.

  • Send Your Comments Privately to FOX 11

Comment to FOX 11 News

Don't have a Facebook account? Or don't want to share something publicly? Contact us here.

Report a comment

See a comment that should be moderated? Fill out the form here and tell us why.

Advertisement
  • FOX 11 Photo Galleries

Photos: Apartments destroyed by fire

View photos of the damage a fire caused to the Hilltop Place Apartments in …

Advertisement

Advertisement