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US gas prices down about 7 cents over past 3 weeks

Sunday - 7/15/2012, 5:28pm  ET

No reason for gas to be at these prices

WTOP's Hank Silverberg reports

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CAMARILLO, Calif. (AP) - The average U.S. price of a gallon of gasoline has dropped about 7 cents over the past three weeks.

The Lundberg Survey of fuel prices puts the average price for a gallon of regular at $3.41.

Analyst Trilby Lundberg said Sunday that the national average for a gallon of mid-grade is $3.57. For premium it's $3.69 a gallon.

Lundberg says diesel prices fell 5 cents a gallon over the past three weeks, to $3.73.

Jackson, Miss., had the nation's lowest average price for gas at $3. Chicago had the highest at $3.78.


(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)