Gasoline prices fall to new low for 2006.
WASHINGTON - The price of gasoline has fallen to its lowest level in more than 10 months. The federal Energy Information Administration said Monday that U.S. motorists paid $2.20 a gallon on average for regular grade last week, a decrease of 1.8 cents from the previous week. Pump prices are now 17.6 cents lower than a year ago and have plummeted by more than 80 cents a gallon since the start of August. The last time prices were below $2.20, on average, was the week ending Dec. 26, 2005.