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June 20, 2007

Surprise: Average gas price dips below $3

The average price of regular-grade gasoline has fallen below $3 a gallon for the first time since May 3, according to AAA, the travel organization that tracks prices daily, USA Today reports.

That outdates the government's forecast last week that the average would stay above $3 all summer. But it doesn't guarantee prices will keep falling, especially as oil prices rise.

Posted by   at 10:50 AM to Gas prices | Permalink

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Peter C. T. Elsworth
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