Gas prices near 2012 lows

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Gas Prices

Gas prices have neared 2012 lows, after falling for more then two months.

Prices at the pump continued to plummet and are nearing 2012 lows.

The average New York City gas price has fallen for the past two months and settled at $3.86, according to AAA’s Fuel Gauge Report.

Many stations throughout the city come in well below the average.

Over the past week, the cost of gas has fallen seven cents in the city and has dropped 24 cents over the past month.

At this time last year New Yorkers were paying $4.09 for a gallon of gas.

Nationally, the average cost for a gallon of gas is $3.54, 19 cents lower than a month ago.