NATION

NATION
Burger King price cutmatches McDonald's
MIAMI -- Burger King Corp. will slash the price of its double cheeseburger, as the fast-food industry tries to boost lagging sales by cutting prices.
Miami-based Burger King will offer the burger for 99 cents from Nov. 25-Dec. 29. The double cheeseburger normally ranges from $1.79-$1.89.
The price cut at the world's second largest fast-food chain follows a similar offer of comparable $1 sandwiches launched last month by McDonald's Corp., the industry leader.
The battle started when Burger King created a short-term 99 cent menu for other products that prompted Oak Brook, Ill.-based McDonald's to follow suit.
Price of gasolinefalls by 5 cents
CAMARILLO, Calif. -- The price of a gallon of gas fell more than a nickel nationwide over the past two weeks as crude oil prices stayed low and supply outpaced demand, an industry analyst said Sunday. It was the largest two-week drop in about a year.
"The two main reasons for the lower retail gasoline prices are lower oil prices and flush gasoline supplies," analyst Trilby Lundberg said.
Lundberg also cited the lower seasonal demand for gas that's typical of the winter months.
Drivers are likely to see continued price reductions in the weeks to come -- barring any unexpected events affecting crude oil prices, Lundberg said.
The Lundberg survey of 8,000 gas stations reported that the national weighted average price of gasoline, including taxes, at self-serve pumps Friday was about $1.41 per gallon for regular, $1.50 for mid-grade and $1.59 for premium.
Associated Press