Lundberg Suvey: Gas Prices Down Nationwide

NANUET, NY (AP / CBSNewYork) – The average U.S. price of a gallon of gasoline has dropped about 9 cents over the past two weeks.

WCBS 880’s Paul Murnane In Rockland County

The Lundberg Survey of fuel prices puts the average price for a gallon of regular at $3.91.

Locally, according to AAA, the average price for regular is $4.09 in New York, $3.81 in New Jersey, and $4.19 in Connecticut.

WCBS 880 reporter Paul Murnane says, however, that some Tri-State Area drivers have not noticed the drop in prices.

Analyst Trilby Lundberg said Sunday that the national average for a gallon of mid-grade is $4.05. For premium it’s $4.16 a gallon.

Lundberg says diesel prices fell about 8 cents a gallon over the past two weeks, to $4.14.

Jackson, Miss., had the nation’s lowest average price for gas at $3.60. Chicago had the highest at $4.38.

In California, the lowest average price was $4.03 in Fresno, while San Franciscans paid the highest price at $4.17.

(TM and Copyright 2011 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2011 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.)

More from Paul Murnane
  • KPMc

    “Lundberg Suvey: Gas Prices Down Nationwide”

    This headline that has been up for 17 hours didn’t catch anyone’s eye? I know CBS has done away with editors and proof readers but really??? no one see’s ‘Suvey’ and says “what the heck is that supposed to mean?”

    Doesn’t anyone at CBS actually read the site or do they go to some place more reliable for their news?

  • ftp

    Is it now $1.50; $2 or at least $3 per gallon? If not, it is silly talk about gas prices down.

  • Justice

    Why is gas coming down? I thought it was supposed to go up for the summer.

  • lL


  • verysoreloser

    Who really knows where gas will be heading. When there is even a hint of positive economic sentiment, speculators jump into the oil futures market on all cylinders, they want a piece of the action.

    Tillerson/Exxon stated before Congress that oil could be at 60-70$/barrel and Prince Alwaleed/Saudi Arabia valued it at 70-80$/barrel. And yet oil has been around 100-115$/barrel, or a 40-55$/premium in the futures market? The reason was stated by both Chilton/CFTC and Schork/CNBC that oil speculators have been entering the oil commodities exchanges at a ‘blistering pace’. That was the cause of the runup. Hedgers, who actually take delivery of the oil need the commodities exchanges to help them set a future price on oil, however these markets have been overrun by gamers who are in it to make a dollar. They trade like stock market traders, based on sentiment, momentum, charts, dreams, etc, not on actual physical supply/demand issues. It has lead to more uncertainty, rather than less uncertainty.

    Until this issue is resolved and investor riffraff is controlled in the commodity exchanges, no jobs, housing, or general economic recovery.

    • Michael H.

      More regulations?! What are you some kind of socialist?

      Please please please read my comment dripping with sarcasm.

blog comments powered by Disqus
Giving Tuesday
Charles Osgood Event

Listen Live