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Gas Prices Continue Decline

Camarillo, CA — Prices at the pump are now the lowest in nearly five years.

Oil industry analyst Trilby Lundberg says her Lundberg Survey of 5,000 gas stations nationwide shows the average price fell nine cents in the past two weeks.

The average is now $1.66 a gallon. Less than six months ago, the average nationwide was $4.11. The last time gas prices dipped this low was in February, 2004.

This post was last modified on 01/31/2009 1:39 pm