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Gas Prices Drop Nationwide
November 4, 2012

Updated: 7:05 PM PST

Saving You Money

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Despite high demand in the Northeast, from a national standpoint, lower demand fuels a dramatic drop in gas prices. The average price per gallon for regular grade fell nearly 21 cents between October 19th and November 2nd, putting it at $3.54. That's the steepest two-week drop in almost four years, according to the Lundberg Survey of fuel prices.

The survey cites a seasonal drop in demand and lower crude oil prices and predicts prices could fall another ten to twenty cents per gallon in the near future.

In Arizona, the average price for a gallon of regular gas is a few cents above the national average at $3.61 per gallon. Californians on the other hand are paying more at the pump than Arizona with the average for a regular gallon of gas at $3.99.


 

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