Gas prices in U.S. drop for first time this year

CAMARILLO, Calif. — The average price of gasoline in the U.S. fell this month, for the first time this year, according to a Lundberg Survey report posted Sunday.

The average price of regular gasoline was $3.91 in the two-week period ending April 20, a drop of 5 cents from two weeks earlier.

The Camarillo, Calif.-based company surveys the price of gasoline at more than 2,500 gas stations every two weeks to compile its report. "Gasoline prices have slipped, and if crude-oil prices remain stable, then we may see another 5 cent to 10 cent decline at the pump," the survey's president, Trilby Lundberg, told Bloomberg News.

Gas prices peaked in the U.S. on April 6 at an average of $3.96 a gallon.

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