The Associated Press May 7, 2012, 10:27AM ET

National gas prices down 7 cents in past 2 weeks

The average U.S. price of a gallon of gasoline has dropped seven cents over 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 $3.85.

Midgrade costs an average of $4.00 a gallon, and premium is at $4.12.

Diesel dropped three cents to $4.15 a gallon.

Of the cities surveyed, Tulsa, Okla., has the nation's lowest average price for gas at $3.40. Chicago has the highest at $4.32.

In California, the lowest average price was $4.07 in Fresno. The highest was $4.21 in San Francisco. The average statewide for a gallon of regular was $4.16, down about half a cent.


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