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Gas prices down 8.5 cents over 2 weeks

Posted: Oct 21, 2012 12:47 PM by ASSOCIATED PRESS

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CAMARILLO, Calif. (AP) - The average U.S. price of a gallon of gasoline has dropped 8-and-a-half cents over the past two weeks.

That's according to the Lundberg Survey of fuel prices, released Sunday, which puts the price of a gallon of regular at $3.75.

Midgrade costs an average of $3.93 a gallon, and premium is $4.06.

Diesel dipped 3 cents to $4.15 a gallon.

Of the cities surveyed in the lower 48 states, Tulsa, Okla., has the nation's lowest average price for gas at $3.26. San Francisco has the highest at $4.51.

In California, the lowest average price was $4.34 in Sacramento. The average statewide for a gallon of regular was $4.47.

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 This material may not be published, broadcast, rewritten or redistributed.)

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