Gasoline Under $2.50 in U.S. for First Time Since 2009
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U.S. drivers are paying less than $2.50 a gallon at the pump for the first time in more than five years.
Retail gasoline averaged $2.477 a gallon yesterday, data from the Heathrow, Florida-based motoring group AAA showed. That’s down from this year’s peak of $3.696 in April and the first time it has dipped below $2.50 since October 2009. By New Year’s Day, the fuel may be selling for $2.25 to $2.40, the lowest seasonally since 2008, AAA said by e-mail.