updated 7/10/2011 4:02:52 PM ET 2011-07-10T20:02:52

The average U.S. price of a gallon of gasoline has dropped about a penny in the past two weeks.

That's according to the Lundberg Survey of fuel prices, released Sunday, which puts the price of a gallon of regular at $3.62.

Midgrade costs an average of $3.76 a gallon and premium was at $3.98.

Diesel was up about a nickel, to $3.95 a gallon.

Of the cities surveyed, Phoenix had the nation's lowest average price for gas at $3.30. Chicago had the highest at $4.03.

In California, the lowest average price was $3.63 in Fresno and San Franciscans paid the highest price at $3.78. The average statewide was $3.77, down about nine cents.

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Home equity type Today +/- Chart
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