Gasoline at U.S. Pumps Seen Surging to 6-Year Seasonal High
A customer prepares to fuel her vehicle at a Road Ranger gas station in Princeton, Illinois, on June 17, 2014.  Daniel Acker—Bloomberg/Getty Images

Gas Prices Continue to Drop After Hitting Four-Month Low

Jul 28, 2014

After hitting the lowest numbers since March last week, gas prices across the U.S. have continued to drop, AAA announced.

The current national average for regular fuel is $3.523 per gallon, according to the automobile organization. On Friday, AAA reported that the national average was $3.54 per gallon. Recent geopolitical conflict between Russia and Ukraine and in Israel has not affected distribution or supply, it said recently.

A different survey of gasoline prices by Lundberg released Sunday reports that prices for regular gasoline fell to $3.58 per gallon, the first major drop of the year after roughly three months of stability, Reuters reports.

The prices cited by AAA and Lundberg are both roughly 10 cents cheaper than gas prices this time last year.

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