Gas prices in city reach three month low

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Gas prices have reached their lowest point since the end of February.File photo
Gas prices have reached their lowest point since the end of February.

Gas prices have reached a three month low as they threaten to drop below $4 for the first time since February.

Average prices at the pump fell to $4.03 in the city, six cents lower than a week ago, according to AAA’s Fuel Gauge Report.

Gas surpassed the $4 mark in late February, where it has remained for the past three months.

Though the average still hovers above $4, many area stations’ prices have fallen well below that amount.

The cost of gas has dropped nearly 20 cents over the past month and is 20 cents lower than at the same time a year ago.

Nationally, the average cost for a gallon of gas is $3.69, 18 cents lower than last month.