Gas prices drop 8 cents over past 2 weeks, to $1.82

Published 02/07 2016 02:42PM

Updated 02/07 2016 02:42PM

Copyright 2016 Cable News Network/Turner Broadcasting System, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

The average price of gasoline has dropped 8 cents over the past two weeks, to $1.82 a gallon.  Industry analyst Trilby Lundberg said Sunday that the price is 37 cents per gallon under its year-ago point.

Lundberg says the price drop may continue if crude oil costs continue to slide.  In the Lower 48 states, the highest average price of regular gasoline was $2.62 per gallon in Los Angeles.

The lowest was $1.44 in Tulsa, Oklahoma.  The U.S. average diesel price is $2.13 per gallon, down about 7 cents from two weeks ago.

Copyright 2016 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


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