U.S. average price of regular gasoline drops below $3.50 for the first time since April 14.

October 10, 2008 · Filed Under Retail & Spot Prices · Comment 

This Week in Petroleum (EIA)

Gasoline and Diesel
The U.S. average price for regular gasoline plunged 14.8 cents to slip below $3.50 for the first time since April 14. Prices have now fallen for three weeks in a row, bringing the average to 348.4 cents per gallon, but are 71.4 cents above a year ago. The U.S. average diesel price dropped 8.4 cents to 387.5 cents per gallon. Prices settled below the $4 mark in all major regions of the country for the first time since March 10.
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