Business/Finance

Survey: US gas prices drop 15 cents over 2 weeks

Monday, June 25, 2012
Gas prices

The average U.S. price of a gallon of gasoline has dropped 15 cents over the past two weeks.

That's according to the Lundberg Survey of fuel prices, released Sunday, which puts the price of a gallon of regular at $3.48.

Midgrade costs an average of $3.65 a gallon, and premium is at $3.77.

Diesel dropped 13 cents to $3.78 a gallon.

Of the cities surveyed in the lower 48 states, Jackson, Miss., has the nation's lowest average price for gas at $3.03. San Francisco has the highest at $3.95.

In California, the lowest average price was $3.77 in Sacramento. The average statewide for a gallon of regular was $3.86, down 27 cents.

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