NY1.com

  73º F

NY1.com en EspaƱol

10/18/2008 08:35 PM

National Gas Prices Fall Below $3

By: NY1 News

  To view our videos, you need to:
1. Enable JavaScript. Learn how.
2. Install Adobe Flash. Install now.

Then come back here and refresh the page.

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.