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Gas Prices Drop Ahead of Holiday Travel
Just ahead of a popular holiday travel week, good news at the gas pump. In Long Island, New York, gas is expensive, but at least there is some – and without lines – weeks after Superstorm Sandy forced gas rationing. And everywhere else around the country, the price at the pump is dropping.
FOX News Radio’s Lisa Lacerra reports:
Gas prices continue to fall.
(Lundberg) “The average is down another $.07 in the past two weeks, to $3.47. And this is a total drop, over six weeks, of more than $.036.”
Analyst Trilby Lundberg, who says Superstorm Sandy is a contributing factor because of damage to infrastructure.
(Lundberg) “There essentially was very little gasoline market period in a good portion of the Northeast.”
The highest price: on Long Island, New York, at $4.18. The lowest: in Memphis, Tennessee, at $3.04.
Lisa Lacerra, FOX News Radio.