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Price of gas drops, but not by very much

The average price of regular gasoline in the United States has dropped 1.24 cents over a two-week period to $2.64.
/ Source: The Associated Press

The average price of regular gasoline in the United States has dropped 1.24 cents over a two-week period to $2.64.

That's according to the national Lundberg Survey of fuel prices released Sunday.

Analyst Trilby Lundberg says the average price for a gallon of mid-grade was $2.77. Premium was at $2.88.

Cheyenne, Wyo., had the lowest price among cities surveyed at $2.38 a gallon for regular. Anchorage was the highest at $3.28.

In California, prices fell 3.22 cents since Nov. 20. A gallon of regular cost an average of $2.88.

Fresno had the state's least expensive gas at $2.76 a gallon. San Francisco remained the steepest at $2.92.