Gasoline price moves higher for a second week while diesel price

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The U.S. average retail price of regular gasoline rose just over four cents last week to reach $3.30 per gallon. The average price is nearly $0.23 per gallon higher than last year at this time. The East Coast price increased just over five cents per gallon while the Midwest price increased almost four cents per gallon versus last week. Gulf Coast and West Coast prices both increased over four cents per gallon. The West Coast price remained the highest in the country at $3.55 per gallon. Going against the trend, the Rocky Mountain average decreased about four cents per gallon to $3.04 per gallon.

The national average diesel price fell for the sixth straight week, dropping less than a penny to $3.78 per gallon. The diesel price is $0.45 per gallon higher than last year at this time. Prices on the East Coast, Gulf Coast, and West Coast all increased a fraction of a penny to $3.84 per gallon, $3.71 per gallon, and $3.98 per gallon, respectively. The Midwest and Rocky Mountain regional averages both decreased. In the Midwest, the price is $3.68 per gallon, a drop of more than two cents per gallon versus last week. After declining two and a half cents, the Rocky Mountain region averaged $3.84 per gallon.

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