Gas nears 19-month low
Gas prices dip for 40 straight days to settle at $2.668 as Americans drive less, consume less gas.
NEW YORK (CNNMoney.com) -- Gasoline prices fell overnight, settling to the lowest prices in nearly 19 months, a survey for the American Automobile Association showed Monday.
The national average price for a gallon of regular gas fell to $2.668, down three cents from the day before, according to AAA's Daily Fuel Gauge Report. The last time the prices were this low was March 31, 2007 at $2.6591 a gallon.
Today marks the 40th straight day that prices have dropped. Gas is down 35.15%, or $1.446, from the record-high price of $4.114 that AAA reported in mid-July. Gas is down 27.24%, or 99.9 cents, from the month ago average.
On Oct. 18, the average price dropped below $3 a gallon for the first time in nearly nine months.
Alaska has the most expensive gas in the nation at an average of $3.730 a gallon, while Oklahoma has the cheapest gas at $2.249 a gallon.
Demand for gas is dropping, as Americans drive less and consume less gas compared to last year. In August, Americans drove 5.6% less, marking the biggest single-month decline in miles traveled since the government started collecting the data.
U.S. crude for December delivery ended the day down 93 cents to to $63.22 a barrel in New York, the lowest price since May 29, 2007 (full story). 
