Gas prices drop 18 cents in 2 weeks
Price to fill up the tank has dropped 65 cents a gallon since May and is 29 cents cheaper than a year ago.
A national survey of gas prices reports that the average cost of U.S. regular grade gas dropped 18 cents per gallon in the past two weeks.
Industry analyst Trilby Lundberg said Sunday that the average for regular grade gas is $3.08 per gallon, while mid-grade averages $3.31 and premium $3.47. Retail diesel averages $3.67.
Lundberg said the price has dropped 65 cents since its peak in May and is 29 cents below what it was at this time a year ago.
She said the drop has been driven by a decrease in the price of crude oil. It closed down 1% Friday at $81.30 a barrel in futures trading on the New York Mercantile Exchange.
Source: Usatoday-Gas prices drop 18 cents in 2 weeks
