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Tue, Feb. 19
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Average US price of gas drops 12 cents per gallon to $2.31; Prescott at $2.74

The average U.S. price of regular-grade gasoline has dropped 12 cents a gallon (3.8 liters) over the past three weeks to $2.31. (Courier stock photo)

The average U.S. price of regular-grade gasoline has dropped 12 cents a gallon (3.8 liters) over the past three weeks to $2.31. (Courier stock photo)

According to a Lundberg Survey, the average U.S. price of regular-grade gasoline has dropped 12 cents a gallon over the past three weeks to $2.31.

In Prescott, that average sits at $2.74, according to 10 different gas station prices within city limits reported via gasbuddy.com. The cheapest of those top 10 pumps Sunday was Costco at $2.59, while several others hit $2.79.

The cheapest in Prescott Valley, according to the website Sunday, was Maverik at $2.79, with the Chevron on Robert Road hitting $2.99.

The gasbuddy.com website relies on users to check in and report a gas price at a local pump. All of the local prices above had an average check-in time of about 2 hours from about noon Sunday.

Industry analyst Trilby Lundberg said Sunday that falling crude oil costs are the main reason for the decrease at the pump.

The average gas price has dropped 66 cents over the past 3-1/2 months.

The highest average price in the nation is $3.46 a gallon in the San Francisco Bay Area.

The lowest average is $1.80 in Baton Rouge, Louisiana.

The average price of diesel fell 9 cents over the past three weeks, to $3.03.

The Associated Press contributed to this report.

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