Gas Prices Down 1 Cent in First Decline of 2009

By: Associated Press
By: Associated Press

The Lundberg Survey of fuel prices reports that the price of gasoline decreased by a penny a gallon during the past two weeks, the first decline posted this year.

Analyst Trilby Lundberg said Sunday that the average U.S. price of regular grade gasoline is now $1.95 a gallon, down from $1.96 a gallon recorded on March 6. That's $1.31 lower than the price at this time last year.

The lowest price for gasoline in the nation was found in Cheyenne, Wyo., at $1.67 a gallon. The highest was in Honolulu at $2.36. The average price in Los Angeles, the largest market in the country, was $2.11.


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