U.S. gasoline falls below $2.50/gallon, 12-wk low


By Tom Doggett WASHINGTON, Oct 31 (Reuters) - The national retail price for gasoline fell below $2.50 a gallon for the first time in 12 weeks, while diesel dropped under $3, the government's top energy forecasting agency said on Monday. The price for regular unleaded gasoline declined 12.3 cents over the last week to $2.48 a gallon, the lowest level since Aug. 8 but still up 45 cents from a year ago, based on the Energy Information Administration's weekly survey of service stations. ...

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