The average price of regular gasoline at U.S. pumps dropped 13.38 cents to $2.9421 a gallon in the two weeks ended Nov. 7, falling below $3 for the first time in almost four years, Lundberg Survey Inc. said. Prices are 27.55 cents lower than a year ago, according to the survey, which is based on information obtained at about 2,500 filling stations by the Camarillo, California-based company. The average is the lowest since Dec. 3, 2010, down 78.04 cents a gallon from the May 2 peak of $3.7225, said Trilby Lundberg, the president of Lundberg Survey. She said it was the first average less than $3 a gallon since Dec. 17, 2010. “Crude oil price slippage again has pulled gasoline prices down, but we are coming to the end of this downhill ride,” Lundberg said in a telephone interview yesterday. The highest price for gasoline in the lower 48 […]