Gas Prices Not Likely to Drop More this Summer

Gas Prices Not Likely to Drop More this Summer

Motorists can expect gasoline prices to drift slightly lower over the rest of the summer, but most of the declines are over, analysts said, as the average for a gallon of regular in California reached $3.794 and stood at $3.579 nationally.

The price averages are calculated by the Energy Department's Energy Information Administration, which uses a telephone survey of gas stations across the U.S.

California's average price fell 4.5 cents a gallon in the last week, according to the weekly survey. Prices have dropped an average of 46.3 cents a gallon since May 2, the department said.

(More on stabilizing gas prices . . . )

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