Avg. Price of Gas Drops 3 Cents

Avg. Price of Gas Drops 3 Cents

CAMARILLO, Calif. (AP) -- The average U.S. price of regular-grade gasoline fell 3 cents a gallon (3.8 liters) over the past two weeks, to $2.93.

Industry analyst Trilby Lundberg of the Lundberg Survey says Sunday that it's the first price drop at the pump in four months.

Lundberg says the price is 6 cents lower than it was one year ago.

The highest average price in the nation is $4.08 a gallon in the San Francisco Bay Area.

The lowest average is $2.35 in Baton Rouge, Louisiana.

The average price of diesel fell a penny over the past two weeks, to $3.16.

(KA)