Gas Is Cheap | NBC New York

Gas Is Cheap

More than $2 off it's all-time high



    Paramount Pictures
    Go ahead, spill a little. At these prices, you can afford it.

    The average national price of gasoline fell nine cents in the past two weeks, bringing it to its lowest point in nearly five years, according to a national survey released Sunday. Too bad nobody's got any money.

    The average price of regular gasoline Friday was $1.66 a gallon, oil industry analyst Trilby Lundberg said. The price of mid-grade was $1.80 a gallon and the price of premium was $1.92 a gallon.

    The last time gas prices dipped so low in February 2004, Lundberg said, when the national average for regular was also around $1.66 a gallon. The all-time high was on July 11, 2008, when the price peaked at $4.11 a gallon.

    Of cities surveyed, the nation's lowest price was $1.37 in Cheyenne, Wyo. The highest price was $2.41 in Anchorage, Alaska. In the continental United States, the highest price was on New York's Long Island, at $1.92.