Gas down 12 cents over two weeks

According to a national survey that is released on Sunday regular price of gas dipped below $4 a gallon for the first time since June starting.

Across the nation average price at gas stations was a fraction of a cent below $4.00 for a gallon of self-serve regular as indicated in a survey.

Computed prices at thousands of gas stations nationwide, found an average of $3.9959 that show price downed about 12 cents over two weeks. 12 cents drop is of great concern. According to a spokesperson this fall is mainly caused due to fall in record crude oil prices. In spit of this some other cities face fall of more than 20 cents in the last two weeks compared to last survey.

Down from about $145 earlier in the month was recorded on July 25 on which latest survey was taken. Drop in gas prices might be increased due to decelerate in demand and it is expected that price could drop another nationally in following few weeks. Survey concluded that Alaska had the highest average gas price at $4.43 whereas Kansas had the cheapest gas at $3.61.