The average price for a gallon of gasoline in the United States is below the $3.50 mark for the first time since March, motor club AAA says. AAA reports the national average price of $3.49 per gallon for Tuesday is lowest national average for this date in four years. Tuesday’s average price was unchanged from the previous day, though the average price at the pump has fallen steadily for about a month. A flare-up in violence in Libya and a Sunni insurgency in Iraq means supplies from two members of the Organization of Petroleum Exporting Countries may be at risk. Libyan oil production, however, remains at historic lows while the Iraqi government said July exports were higher than the previous month. AAA said prices at the pump may be influenced by crises in the Middle East and North Africa, though “special attention” was warranted for the […]