By George Anderson
Prices at the pump fell an average of six cents across the country over the past two weeks as concerns have eased over a possible gas shortage caused by the war in Iraq.
The Lundberg survey found the average price for a gallon of gasoline fell 6.03 cents to $1.70. According to an Associated Press report, "It was the biggest two-week drop since the price of a gallon of gas fell 6.6 cents in late October 2001."
Moderator's Comment: Will there be an economic rebound from winning the war in Iraq?
There will need to be a much greater decrease in the price of oil for it to make much impact on consumer and business spending. [George Anderson - Moderator]