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  28º

10/18/2008 08:35 PM

National Gas Prices Fall Below $3

By: NY1 News

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Gas prices are now at a level unseen since winter.

According to AAA, the average price of a gallon of regular dropped to $2.99 nationwide Saturday.

It's the first time gas was below $3 since mid-February.

The decrease also represents a 27 percent drop from the all-time high of $4.11 in mid-July.

Gas prices in the five boroughs still have a way to go before reaching the $3 mark.

The average cost of a gallon of regular is $3.31, or 55 cents lower than a year ago at this time.

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