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Gas Prices Dip Below $4 A Gallon, Barely

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Jul 28, 2008 11:53 am US/Eastern

Gas Prices Dip Below $4 A Gallon, Barely

 Check Local Gas Prices By You

CAMARILLO, Calif. (CBS4) ― A national survey shows gas prices have dropped a fraction below the $4-dollar mark.

The average price of regular gasoline at self-serve stations was $3.996 a gallon Friday. Mid-grade was $4.13 a gallon and premium went for $4.24. That's according to the Lundberg Survey of 7,000 gas stations nationwide, released Sunday.

Prices are at their lowest level since May 16 and are an average of 11.7 cents less per gallon than two weeks ago.

Still, the survey showed the average U.S. price for gas is $1.11 higher than it was a year ago.

Diesel was at $4.80.

The cheapest gas in the country was in Wichita, Kan., where the price for regular was $3.61 a gallon.

Anchorage ranked the nation's highest: $4.43 a gallon for regular.

Here in Florida, regular unleaded is averaging $3.96 but Miami and Fort Lauderdale are both a bit higher at $4.03.
The unofficial local low price for gas is down to $3.81 in Miramar.

(© 2009 CBS Broadcasting Inc. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.)

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