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Gas Prices At Their Lowest Level In Nearly 5 Years

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Gas Prices At Their Lowest Level In Nearly 5 Years

Business

Gas Prices At Their Lowest Level In Nearly 5 Years

Gas Prices At Their Lowest Level In Nearly 5 Years

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  • <iframe src="https://www.npr.org/player/embed/97933353/97933325" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
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A new survey of gas prices shows the average price for a gallon of regular is now $1.75. Gas prices are at their lowest level in nearly five years, according to Lundberg Survey Inc. Gas is falling along with the price of oil, which recently traded at $40 a barrel. The survey also points to the city with the lowest gas price: Cheyenne, Wyo., where people can fill up for $1.46 a gallon.

RENEE MONTAGNE, host:

NPR's business news starts with gas under two bucks a gallon.

(Soundbite of music)

MONTAGNE: A new survey of gas prices shows the average price for regular is now $1.75. Gas prices are at their lowest level in nearly five years, according to the Lundberg Survey. Gas is falling along with the price of oil, which recently traded at $40 a barrel. The survey also points to the city with the lowest gas price. That would be Cheya - Cheye - Cheyenne, Wy - I've got to get that, Steve. Let me say it for the fifth time, Cheyenne - Cheyenne, Wyoming. What's wrong with me?

(Soundbite of laughter)

MONTAGNE: You can fill up there, anyway, for less than a dollar and a half.

STEVE INSKEEP, host:

And drive to someplace a little easier to pronounce.

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