Finally: Gas Prices Drop For First Time In 2012

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gas1The average price of gasoline in the US fell this month, for the first time this year, according to a Lundberg Survey report posted Sunday.

The average price of regular gasoline was $3.91 in the two-week period ending April 20, a drop of five cents from two weeks earlier.

The Camarillo, Calif.-based company surveys the price of gasoline at over 2,500 gas stations across the US every two weeks to compile its report.

“Gasoline prices have slipped, and if crude-oil prices remain stable, then we may see another 5 cent to 10 cent decline at the pump,” the survey’s president, Trilby Lundberg, told Bloomberg News.

Gas prices peaked in the US on April 6 at an average of $3.96 a gallon.

Chicago had the highest average price of gas in the nation at $4.26 per gallon while Tulsa, Okla., had the lowest at $3.52, according to the survey.

{NY Post/Matzav.com Newscenter}

3 COMMENTS

  1. THE FUNNY THING IS THAT ONE GAS STATION IN BP IS 4.26 ANOTHER ONE A FEW BLOCKS DOWN IS 4.05 WHY IS THERE SUCH A DIFFERANCE?

  2. Just like real estate prices, these Numbers are worthless here in Brooklyn! They both remain at constant highs defiying all logic! All these reports about the housing bubble, recesion, depression, crashes, etc… are balony! These reporters have never walked the streets of Flatbush or Boro Park!

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