What Super Storm? Gasoline Prices Fall

The national average for retail gasoline fell slightly below $3.50 a gallon Friday for the first time since March 6, according to OPIS and AAA. 

David Paul Morris | Bloomberg | Getty Images

Regular gasoline is now $3.496 a gallon on average nationally, down 8 cents in a week and a 28-cent plunge in a month. The national average is only 7 cents higher than a year ago.

Traders have seen gasoline prices come down sharply as well. are at the lowest price in a year, despite long lines at gas stations, limited barge traffic, and refineries and terminals still shut in and around New York.