Santa Comes Early at Pump as Gasoline at Lowest Since 2009
This article is for subscribers only.
The average price of regular gasoline at U.S. pumps slid to the lowest level since May 15, 2009, dropping 24.68 cents in the two weeks ended Dec. 19 to $2.4713 a gallon, according to Lundberg Survey Inc.
Prices are 79.05 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 latest plunge in crude oil prices may lead to a further decline at the pump by a few more pennies, according to Trilby Lundberg, the president of Lundberg Survey.