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A gallon of regular gasoline costs nearly a full dollar less than a year ago, and it is the lowest gas price going into the Labor Day holiday weekend since 2004.
Of the 15 cities in the United States with the highest average price for a gallon of regular gasoline, 13 are in California.
If there are economic benefits of low gas prices, the effects are regional, with some states that barely benefit at all.
As oil dips below $40 a barrel, gasoline prices will hit lows for late August, lower for this time of year than at any time since 2004.
AAA says gas prices could drop more dramatically after Labor Day as people take fewer road trips and use less gasoline.
If recent history is any guide, the price of gas nationwide will move to $2.25, and a number of states will drop to prices much lower.
Gasoline prices are down $0.85 from last year for the average gallon of regular nationwide, and they have fall fallen for 19 straight days.
The cost of gasoline is still low compared to a year ago and has flattened recently at about $2.76 for the average price for a gallon of regular nationwide.
People like to complain about gasoline prices. After all, it comes straight out of your pockets when you drive to work.
Since the end of December, the United States has added more than a million barrels of oil to the to the nation's Strategic Petroleum Reserve.
Gasoline prices have reached $2.75, as the price of crude oil has surged. Most evidence shows that the number should go higher in the weeks ahead.
Just ahead of the Memorial Day weekend, one of the periods when Americans are on the road in the greatest numbers, gasoline prices have moved above $3 in seven states.
Most Americans are spending their savings from low gasoline prices on other necessities like food and rent, according to a new survey.
The higher price of oil has pushed gasoline above $3 a gallon in four states, according to GasBuddy.
The vast majority of U.S. drivers still think that gasoline prices are too high, according to a new AAA study.