Average US price of gas drops 12 cents per gallon to $2.72

FAN Editor

The average U.S. price of regular-grade gasoline has dropped 12 cents a gallon over the past two weeks, to $2.72.

Industry analyst Trilby Lundberg of the Lundberg Survey said Sunday that falling crude oil costs are the main reason for the decrease at the pump.

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The average gas price is 11 cents per gallon higher than it was a year ago.

The highest average price in the nation is $3.77 a gallon in Honolulu. The lowest average is $2.19 in Tulsa, Oklahoma.

The average price of diesel fell 4 cents over the past two weeks, to $3.27.

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