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Gas Prices Drop an Average of 23 Cents
CAMARILLO, Calif. (AP) - Retail gas prices plunged an average of 23 cents nationwide in the
past two weeks, marking a return to pre-Hurricane Katrina levels,
according to a survey.
Copyright 2005 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
The weighted average price for all three grades declined to $2.45 a gallon on Friday, said Trilby Lundberg, who publishes the semimonthly Lundberg Survey of 7,000 gas stations around the country.
Self-serve regular averaged $2.43 a gallon nationwide. The price for midgrade was $2.53, while premium-grade hit $2.63.
The average pump price for all three grades on Aug. 29, the day Katrina made landfall on the Gulf Coast, was $2.65, according to the survey.
The lowest average price in the nation for regular unleaded among the stations surveyed was $2.06 a gallon in Tulsa, Okla. The highest was $2.74 in Miami.
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On the Net:
Lundberg Survey: http://www.lundbergsurvey.com
Copyright 2005 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
