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Gas Prices at Lowest Level in 5 1/2 Years

gas_prices_continue_to_fall.jpg
gas_prices_continue_to_fall.jpg

Kansas now has the nation’s 4th lowest average price for gasoline.  As of Tuesday, the average price was officially $2.13 a gallon, although it’s being sold for a $1.99 or less at many locations throughout the state. Only Missouri, Texas and Oklahoma have lower average gas prices this week. AAA Kansas spokesman Jim Hanni says it’s been a long time since the price at the gas pump was this low. "The last time that occurred, prices under 2 dollars a gallon for a state average in Kansas, was May 5th 2009."  The national average price of gas has declined for 88 days, the longest consecutive streak on record. In Kansas, gas prices have been falling for 55 days, going back to October 29. AAA's Hanni predicts the price at the pump could drop another 10-to-15 cents per gallon over the next week.

Tom Parkinson is the host of KPR's Morning Edition.