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Gas Prices Continue To Tumble
Monday, December 10, 2012    
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Prices in N.O. drop 5 cents in past week, down 17 cents over past month

The price of gasoline continues to fall across the country.

Oil industry analyst Trilby Lundberg describes what has happened over the past month as "a true price crash."

Lundberg says prices began to drop as the seasonal demand for gasoline fell and problems at refineries were fixed.

AAA reports that the national average for a gallon of regular is $3.35. 

In New Orleans, the price of regular is $3.13, down 5 cents in the past week and 17 cents from a month ago.  Premium is selling for an average of $3.50.

In Baton Rouge, the average price of regular also is $3.13, down 4 cents in the past week and 12 cents from a month ago,  Premium is priced at an average of $3.45.

Lundberg expects prices to drop even more in the coming days.