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Gas Price Falls to Lowest Level in 5 Years

 

The average national price of gasoline fell 9 cents in the past two weeks, bringing it to its lowest point in nearly five years, according to a national survey released Sunday.

The average price of regular gasoline Friday was $1.66 a gallon, oil industry analyst Trilby Lundberg said. The price of mid-grade was $1.80 a gallon and the price of premium was $1.92 a gallon.

The last time gas prices dipped so low was in February 2004, Lundberg said, when the national average for regular also was about $1.66 a gallon. The all-time high was on July 11, 2008, when the price peaked at $4.11 a gallon. ...

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