Video: Experts predict drop in gas prices

updated 8/26/2007 5:08:39 PM ET 2007-08-26T21:08:39

The national average price for gasoline dropped about 2.9 cents over the last two weeks, according to a survey released Sunday.

The average price of regular gasoline on Friday was about $2.75 a gallon, mid-grade was $2.88, and premium was $2.99, oil industry analyst Trilby Lundberg said.

The nation's lowest average price was in Phoenix, where a gallon of regular cost $2.51.

The highest was in Honolulu at $3.12, according to the Lundberg Survey of 7,000 stations nationwide.

Copyright 2007 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


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