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Survey: Albuquerque has cheapest gas in nation

NEW YORK — Albuquerque is listed as having the lowest average price of regular gas — $2.47 a gallon — among markets surveyed in the nation, according to Lundberg Survey, Inc.

The highest in the lower 48 states was in San Francisco, at $3.14 a gallon.

The average price of regular gasoline at U.S. pumps has slid to the lowest level since Nov. 5, 2010, dropping 10 cents in the two weeks ended Nov. 21 to $2.84 a gallon, according to Lundberg Survey Inc.

Prices are 41 cents lower than a year ago, according to the survey, which is based on information obtained from about 2,500 filling stations.

Prices have fallen 29 percent since peaking this year on June 20. U.S. oil output fell to 9 million barrels a day the week ended Nov. 14 after reaching 9.06 million the previous week, the highest level in weekly Energy Information Administration data dating back to 1983. U.S.

 

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