Gas Prices Drop by Four Cents
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bulentozber/iStock/Thinkstock(NEW YORK) — The average price of a gallon of gas in the U.S. fell by over four cents in the last week, following a decision by the Organization of Petroleum Exporting Countries to keep oil production at the levels previously set.
The average gallon nationwide dropped to $2.78, compared to $2.82 last week. The biggest drop in price came in the Rocky Mountain region, where a gallon costs, on average, seven cents less than it did last week.
The West Coast remains the most expensive place to buy gas, with the average gallon costing $3.12, while the Gulf Coast has the lowest prices at $2.53.
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