Christmas Present for Drivers - Gas Price Down 9 Cents in Last 3 Weeks
Demand for gas is limited by higher prices, according to national survey.Posted — Updated
The national average price for gasoline went down about 9 cents over the last three weeks, according to a survey released Sunday.
The average price of regular gasoline on Friday was $3 a gallon, mid-grade was $3.12, and premium was $3.24, oil industry analyst Trilby Lundberg said.
The nation's lowest price was in Tulsa, Oklahoma, where a gallon of regular cost $2.74 on average. The highest was in San Francisco at $3.42, according to the Lundberg Survey of 7,000 stations nationwide.
"And there is no shortage of either crude oil or gasoline," Lundberg explained to Reuters. "OPEC's 'no change' stance at its latest meeting had very little effect."
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