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Gas prices drop 21 cents over past 2 weeks

5:27 PM, Nov 4, 2012   |    comments
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CAMARILLO, Calif. (AP) - The average price of a gallon of gasoline has dropped 21 cents over the past two weeks.

That's according to the Lundberg Survey of fuel prices. It puts the price of a gallon of regular at $3.55.

Midgrade costs an average of $3.72 a gallon, and premium is $3.85.

Diesel dipped 7 cents to $4.08 a gallon.

Of the cities surveyed in the lower 48 states, Memphis, Tenn., has the nation's lowest average price for gas at $3.11. San Francisco has the highest at $4.05.

(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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