U.S. gasoline prices at the pump will extend a decline after crude oil tumbled to a six-year low, said Trilby Lundberg, the president of Lundberg Survey Inc. “Retail price cuts are in the cards” for gasoline, Lundberg said Sunday in a telephone interview. “It would take a powerful oil-price hike to reverse them.” The average for regular gasoline at U.S. pumps fell 0.35 cent to $2.7073 a gallon in the two weeks ended Aug. 21, Camarillo, California-based Lundberg said Sunday. Her report is based on information from about 2,500 filling stations. The price is 77.12 cents lower than a year ago. Motorists will get the benefit of lower crude, Lundberg said. On Aug. 21, West Texas Intermediate futures for October delivery dropped 87 cents, or 2.1 percent, to settle at $40.45 a barrel on the New York Mercantile Exchange, the lowest close since March 2009. The contract touched $39.86 […]