National Gas Prices Down 9 Cents In Past 2 Weeks

The average U.S. price of a gallon of gasoline has dropped 9 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 $3.29.

Midgrade costs an average of $3.46 a gallon, and premium is at $3.57.

Diesel is down a nickel, to $3.96 a gallon.

Of the cities surveyed, Albuquerque, N.M., has the nation's lowest average price for gas at $2.84. San Francisco has the highest at $3.67.

In California, the lowest average price was $3.54 in Fresno. The average statewide was $3.62, down 13 cents.

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  • by disc Location: new bern on Dec 7, 2011 at 10:34 AM
    Gas prices go down last in new bern and greenville because of the hess/wilco brothers control of prices. Gas is 3.17 in jacksonville, 3.15 in washington, 3.20 in morehead. why so high in new bern?
  • by teresa Location: kinston on Dec 6, 2011 at 05:34 AM
    come down 9 cents in two weeks and go up 15 in one day we cant win for losing
  • by Formerly O.L.I. Location: ENC on Dec 5, 2011 at 04:14 PM
    Until it lowers back toward $2 per gallon, I won't view it as a bargain.
  • by James Location: Washington on Dec 5, 2011 at 01:17 PM
    I watched the 6pm WITN news yesterday and the anchor woman said the national average was $2.25. What gives? Did anybody else catch that?
  • by Ryan Location: Havelock on Dec 5, 2011 at 09:53 AM
    Cost of oil per barrel has been done for almost four months.. yet we are just now starting to see the pumps back off a tiny bit... Something ain't right......
  • by 2012 on Dec 5, 2011 at 08:57 AM
    Gas will be cheaper if Obama gets kicked out!!! Lets do this!!!!
    • reply
      by disc on Dec 7, 2011 at 11:41 AM in reply to 2012
      Last I checked, the current pres. didn't have stock in any oil industries like you know who.
  • by Makes no since Location: beaufort co on Dec 5, 2011 at 07:08 AM
    It looks to me like diesel would be cheaper than it is. It takes a lot more work to produce gas (which is cheaper) than diesel. This makes no since to me other than there is not as much diesel sold to gas.
    • reply
      by Because it's used in trucks on Dec 5, 2011 at 10:38 AM in reply to Makes no since
      It's because it's used in the trucking industry, which make money from it. That's why you'll see that you can't use # 2 in trucks, only in heaters. If it wasn't used in trucking it would be cheaper for sure.
  • by Barlow Location: Winterville on Dec 5, 2011 at 05:51 AM
    Still think there is an energy shortage?
    • reply
      by Obama Snake Oil co on Dec 5, 2011 at 09:32 AM in reply to Barlow
      So the part you do not understand is we buy it from other countries. We refine it, make no difference, its the cost of the barrel of oil prior to refining. Raw oil is near 100 bucks a barrel, when it drops down to 33 bucks, it should be around 1.50 dollar gas.
      • reply
        by Barlow on Dec 5, 2011 at 11:05 AM in reply to Obama Snake Oil co
        So the part you do not understand is that a lot of the price of a barrel of oil is the result of speculation on the commodity market. Drill yourself silly. No regulation, no relief. Here is you "free" market. Hey, look there are the Koch brothers!
        • reply
          by Obama Snake Oil co on Dec 5, 2011 at 12:54 PM in reply to Barlow
          What a rant you have going on there. Yep, speculation and speculators drive the price up when the sorces dry America drilling for our own. We don't have control of people in the UK either, only in the US, we have a NYSE and its rules. In America, you flood the market with barrels of oil....the cost drops in the whole middle east forcing refineries to buy local from American companies who pay taxes on it in America while their works also pay taxes in America.
      • reply
        by disc on Dec 7, 2011 at 11:38 AM in reply to Obama Snake Oil co
        I check the prices daily and when the price of barrel of oil was down to 67 dollars a barrel, we were paying 3.56 a gallon at the pump. The wholesale price per gallon right now is 2.60 a gallon.
  • by Barbara Location: Beulaville NC on Dec 5, 2011 at 05:28 AM
    Except Beulaville. Went to Ashboro last week and it was 3.12 per gallon. They want us to shop in our hometown but yet they aren't looking out for us. so why should we. Beulaville always has the highest gas prices. EZ Shope even went up to 3.44 last week. Get real
  • by WOW!! Location: USA on Dec 5, 2011 at 05:21 AM
    There goes Obama again lowering WORLD oil prices!! What did he say/do to lower prices this time Omama Snake Oil Co.? IDIOT!! The president does NOT control world oil prices, any more than you do!! If the US developed ALL potential oil resources, it would add only add 500,000 barrels to the supply; however, 49 million are used. WOW 500 K will surely lower WORLD oil prices then!!! Do you think the oil companies would give us a discount or sale it for what everybody else are getting. I'll give you 1 guess. Drill baby drill does NOT solve the problem!! Also, the president does NOT control WORLD oil prices either!!!
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