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Gas prices drop more than a nickel per gallon


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CAMARILLO, California (CNN) -- Gas prices dropped by more than a nickel per gallon to $1.40 during the past two weeks, a national survey said Sunday.

The survey of more than 7,000 gas stations, conducted November 22, found the average price for a gallon of self-serve regular was down 5.6 cents from what it had been two weeks prior, said Trilby Lundberg, publisher of the Lundberg Survey.

She cited two reasons for the drop: Crude oil prices have tumbled from more than $30 per barrel to less than $27, and a seasonal drop in demand for gas means there is ample supply.

The drop was felt in all regions of the country, she said.

Indianapolis drivers paid the least, at $1.12 per gallon, and Honolulu drivers paid the most, at $1.69.

Here are some other prices:

Atlanta: $1.19

Los Angeles: $1.54

Las Vegas: $1.41

Portland, Maine: $1.47

Burlington, Vermont: $1.48

Boston: $1.50

Seattle: $1.36

St. Louis $1.27

Chicago: $1.53



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