Gas prices dropping sharply, hit 5-month low

U.S. retail gasoline prices last week fell to their lowest level since early April, a survey said Sunday.

The average price for self-serve, regular unleaded gas in the United States was $2.8714 a gallon on Aug. 25, a 15.42 cent decline off a record high two weeks ago, according to a survey edited by industry analyst Trilby Lundberg.

The drop was the biggest two-week decline since a 20 cent fall on Sept. 23, 2005, when refineries were coming back online after being knocked out by Hurricane Katrina.
MSNBC