CNN/Money One for credit card only hard offer form at $9.95 One for risk-free form at $14.95 w/ $9.95 upsell  

Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

News > Jobs & Economy
graphic
Gas prices dip again
Survey: Average price of regular hits $1.92, 15 cents off record high; refineries boost supplies.
July 26, 2004: 6:03 AM EDT

ATLANTA (CNN) - The average price of a gallon of self-serve regular dropped nearly a penny during the past two weeks, to $1.92, continuing a 9-week decline of 15 cents from its all-time high, according to a national survey.

YOUR E-MAIL ALERTS
Organization of Petroleum Exporting Countries (OPEC)
Automakers

Not accounting for inflation, gas prices hit an historic high on May 21 at $2.07, said Trilby Lundberg, publisher of the Lundberg Survey, which tallies gas prices at about 7,000 service stations nationwide.

The survey date was July 23.

Lundberg said the drop resulted from completion of routine maintenance and repair at the nation's refineries. Those repairs had forced the refineries off-line, limiting supply and boosting prices ahead of the peak U.S. driving season, which has just begun.

"The capacity came back and is now sufficient to supply our summer gasoline demand," she said.

Given the pledge of some OPEC countries to continue to boost output, prices will continue to dip slightly in the coming weeks, Lundberg predicted.

Drivers in Tulsa, Okla., paid the least, at $1.74 per gallon; drivers in Honolulu paid the most, at $2.25.

Other prices around the nation include: Denver, $1.87; Wichita, Kan., $1.89; Portland, Maine: $1.92; Reno, Nev., $2.07; Long Island, N.Y., $2.15; Los Angeles, $2.14; Atlanta, $1.82.  Top of page




  More on NEWS
Yahoo-Verizon deal said to be near
Donald Trump on Roger Ailes' Fox News exit: 'So sad'
Verizon warns HUGE data users: Switch plans or else
  TODAY'S TOP STORIES
Yahoo-Verizon deal said to be near
Roger Ailes' next project? A book
Donald Trump on Roger Ailes' exit: 'So sad'




graphic graphic