CAMARILLO, Calif. (AP) The common U.S. price of regular-grade gasoline plummeted 45 cents in the last three weeks to $4.10 per gallon.
Industry analyst Trilby Lundberg of the Lundberg Survey said Sunday that the continued decline comes as crude oil costs also remain low.
The drop of a dollar per gallon is not enough to revive motorist demand, that is in retreat because of sustained high prices, Lundberg said in a statement.
The common price at the pump is down a dollar in the last nine weeks, but its 85 cents greater than it was twelve months ago.
Nationwide, the best average price for regular-grade gas was in the SAN FRANCISCO BAY AREA Bay Area, at $5.36 per gallon. The cheapest average was in Baton Rouge, Louisiana, at $3.38 per gallon.
Based on the survey, the common price of diesel plunged 37 cents over three weeks to $5.17 a gallon.
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