Gas drops 4 cents a gallon

Nationwide average in AAA survey nears $3.40 a gallon. Oklahoma dips below $3.

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NEW YORK (CNNMoney.com) -- Gasoline prices fell more than 4 cents a gallon Thursday, according to a daily survey, as the economic crisis continues to weigh on consumer demand.

The average price of unleaded regular fell to $3.403 a gallon nationwide, down 4.4 cents from $3.447 Wednesday, according to the Daily Fuel Gauge Report issued by motorist group AAA.

The price has tumbled more than 71 cents, more than 17% below the record $4.114 set July 17. It's down nearly 25 cents from a month ago, but up almost 64 cents from a year earlier.

The average price fell below $3 a gallon in Oklahoma, where it is now $2.987. Oklahoma is the only state below $3, with Kansas closest at $3.034.

Gasoline is highest in Alaska, at $4.165 a gallon, with Hawaii - at $4.107 - the only other state above $4 a gallon.

The survey is conducted for AAA by Oil Price Information Service from credit card swipes at more than 85,000 service stations nationwide. To top of page

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