Gasoline prices on the decline - WDAM-TV 7-News, Weather, Sports-Hattiesburg, MS

Gasoline prices on the decline

The Lundberg Survey says the average price of gasoline across the country dropped about 11 cents over the last two weeks.

Analyst Trilby Lundberg says regular gas dropped to $3 a gallon. It peaked in May at $3.18. Mid-grade averaged $3.11, and premium was $3.22.

The lowest price was in Jackson, Mississippi, where a gallon of regular cost $2.75. The highest average price was in Chicago at $3.39, according to the Lundberg Survey of 7,000 stations nationwide.

Locally, Petal matches the nationwide low at around $2.75 a gallon. 

Across the river in Hattiesburg, and up in Laurel, prices are considerably higher, ranging from $2.83 to $2.88 a gallon. 

One area business owner who did not wish to be identified said his prices are set in a contract with his supplier that states he will sell his gas at two cents lower than his two nearest competitors. 

Though prices have dropped off, area consumers say it's not nearly enough.

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