Survey: US Gas Prices Fall 27 Cents Per Gallon
Follow CBSMIAMI.COM: Facebook | Twitter
MIAMI (CBSMiami/AP) — Now is the time to fill up at the tank. The average price of regular gasoline nationwide is $2.20 – that's a 27-cent drop per gallon over the last three weeks.
Industry analyst Trilby Lundberg says it's the lowest in more than five years and more drops are possible, although probably not as steep.
Lundberg said Sunday that lower crude oil prices are driving prices down, along with an abundant oil supply.
The highest-priced gas in the Lower 48 states was found in San Francisco, at $2.66 a gallon. The lowest was in Albuquerque, New Mexico, at $1.76 a gallon.
California's lowest average was in Sacramento, at $2.42 a gallon.
The average price for midgrade gas in the U.S. is $2.44. For premium it's $2.61.
(TM and © Copyright 2015 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2015 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.)
RELATED CONTENT:
