U.S. Gasoline Falls to 4-Year Low Amid Crude Slide: Lundberg
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The average price of regular gasoline at U.S. pumps slid to the lowest level since Sept. 24, 2010, dropping 12.35 cents in the two weeks ended Dec. 5 to $2.7181 a gallon, according to a survey by Lundberg Survey Inc.
Prices are also 56.09 cents lower than a year ago, according to the survey, which is based on information obtained at about 2,500 filling stations by the Camarillo, California-based company. The price discount is substantial and will contribute to a healthier level of U.S. gasoline demand, according to Trilby Lundberg, the president of Lundberg Survey.