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Gasoline Prices Drop: The nation’s gasoline prices...

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Gasoline Prices Drop: The nation’s gasoline prices dropped for a second time in four weeks, a survey of retailers concluded, but an analyst who conducts the poll said new federal regulations will slow or stop the trend. The bimonthly Lundberg Survey of 12,000 gasoline stations concluded that average prices for all grades of gasoline and all types of service went down about a third of a penny to 117.61 cents. Trilby Lundberg, the survey’s publisher, said the price dropped because refiners, terminal operators and importers had stored an extra supply of their products to meet the challenge of new federal Environmental Protection Agency requirements.

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