Survey: Gas prices down about 7 cents in 2 weeks

By: Associated Press
By: Associated Press

Monday, August 30, 2010

CAMARILLO, Calif. (AP) -- Gasoline prices are continuing their downward trend.

According to the Lundberg Survey, the average price of regular gasoline nationwide has dropped 7.43 cents in the last two weeks. It's at 2.70 per gallon.

Analyst Trilby Lundberg says the average price for a gallon of mid-grade was $2.85, and premium was at $2.96.

St. Louis had the lowest average price among cities surveyed at $2.39 a gallon for regular. San Francisco was highest among surveyed cities at $3.13.

In California, the average price for a gallon of regular was $3.06.

With San Francisco the highest, Bakersfield had the state's least expensive gas at $3.01 a gallon.

(Copyright 2010 by The Associated Press. All Rights Reserved.)

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  • by USborn (continued) Location: USA on Aug 31, 2010 at 06:29 AM
    This is beginning to hurt the business community and rightly so, as the business community has proven to be a disappointing partner in the social enterprise that is the United States of America. The truth of the matter is that the average American family can get by on very little in the way of consumer goods and services during hard times if need be, Great Depression and WWII era recounts prove that fact, but business needs a fairly consistent supply of consumer spending to be feasable and survive. We can continue to cut spending and purchasing, we can stay home instead of going on vacation, we can skip that second mortgage or loan. We can learn to fix our cars and appliances ourselves, we can boycott bad products and services. If the business community wants to push us working folks to see how much it can wring out of us, it will soon discover that we can push back. We can sink this sucker both together.
  • by USborn Location: USA on Aug 31, 2010 at 05:28 AM
    Normally corporations and speculators will fight tooth and nail to prevent the price of a commodity that they deal in go down unless their stocks are going up alarmingly and they are up against the wall, the last 20 years have seen the passing of laws and adoption of business practices that sacrifice the American working class consumer for the sake of corporate profit on the grounds that it would stimulate investment and national employment, which has not proven to be the case as outsourcing while benefitting from tax breaks and bailouts is the norm. As the job and financial scenario have become more critical for us average working Joes, we have found ways to cut back not only on our optional expenses, but on our consumption of commodities, goods and services which the business community believed were staple to the economy.
  • by Charlie Location: Atlanta on Aug 30, 2010 at 01:57 PM
    If Congress had some real gonads the gas prices could decrease even more. Plain and simple...put a freeze on all gas prices.
  • by Bill Location: South Carolina on Aug 30, 2010 at 07:09 AM
    We bought gas yesterday for $2.37 per gallon. It is hard to believe that $2.70 is the national average. Seems to me it should be closer to the same price all over the country. It is sad to see so many large suvs and gas guzzlers on the road when we should be conserving. We all know it is just a matter of time before the prices go back up.
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