Average U.S. Price of Gas Drops 8 Cents Per Gallon to $2.66

Gas nozzles hang on their pumps at a Union 76 gas station February 22, 2008 in San Rafael. (Credit: Justin Sullivan/Getty Images)

Gas nozzles hang on their pumps at a Union 76 gas station February 22, 2008 in San Rafael. (Credit: Justin Sullivan/Getty Images)

The average U.S. price of regular-grade gasoline has dropped 8 cents per gallon (3.8 liters) over the past two weeks to $2.66.

Industry analyst Trilby Lundberg of the Lundberg Survey says Sunday that an abundant supply and low crude oil costs contributed to the decrease at the pump.

The price is 25 cents lower than what it was a year ago.

The highest average price in the nation is $3.57 a gallon in California and in Hawaii.

The lowest average is $2.07 in Baton Rouge, Louisiana.

The average price of diesel is down 3 cents, to $3.01 per gallon.

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