Gasoline and diesel fuel prices continue to drop

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The U.S. average retail price of regular gasoline decreased eight cents this week to $3.36 per gallon, 22 cents per gallon lower than last year at this time. This is the 13th consecutive week that the average U.S. price has declined. Prices dropped in all regions of the Nation, with the largest decrease in both the Midwest and West Coast, where the average price fell almost 11 cents, to $3.32 per gallon and $3.72 per gallon, respectively. The Gulf Coast price dropped seven cents to $3.13 per gallon, while the price on the East Coast and in the Rocky Mountains both fell a nickel to $3.29 per gallon and $3.58 per gallon, respectively.

The national average diesel fuel price decreased three cents to $3.65 per gallon, 20 cents per gallon lower than last year at this time. This marks the 12th consecutive week that the average U.S. price has fallen. The Rocky Mountain region saw the largest decrease, dropping seven cents to $3.71 per gallon. The West Coast price was down a nickel to $3.79 per gallon. The East Coast price fell almost two cents to $3.70 per gallon, while in the Midwest the average diesel price is now $3.58 per gallon, down about three cents from last week. Rounding out the regions, the Gulf Coast price fell three cents to $3.57 per gallon.



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