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NewsAugust 28, 2006

CAMARILLO, Calif. -- U.S. retail gas prices dropped 15 cents a gallon in the past two weeks, the sharpest decline in nearly a year, according to a survey released Sunday. The national average for self-serve regular stood at $2.87, down from just under $3.03, according to the Lundberg Survey of 7,000 gas stations across the country. That was about 25 cents higher than prices at the same time in 2005...

The Associated Press

CAMARILLO, Calif. -- U.S. retail gas prices dropped 15 cents a gallon in the past two weeks, the sharpest decline in nearly a year, according to a survey released Sunday.

The national average for self-serve regular stood at $2.87, down from just under $3.03, according to the Lundberg Survey of 7,000 gas stations across the country. That was about 25 cents higher than prices at the same time in 2005.

Mid grade prices averaged $2.98 a gallon, while premium cost $3.09. The lowest price was $2.60 a gallon in Des Moines, Iowa, and the highest was in Honolulu at $3.32.

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On the Net:

Lundberg Survey: http://www.lundbergsurvey.com

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