Retail gasoline and diesel prices fall

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The U.S. average retail price of regular gasoline fell for the third week in a row losing almost two cents to reach $3.29 per gallon. The average price is $0.33 per gallon higher than last year at this time. Midwest prices rose just over two cents per gallon to reach $3.21 per gallon, the only region to see a price increase. The West Coast, where prices are highest among all the regions, saw the largest decrease of almost six cents per gallon to $3.59 per gallon. The Rocky Mountain region saw a decrease of almost five cents per gallon. Gulf Coast prices remained the lowest in the Nation at $3.09 per gallon, while prices on the East Coast fell almost three cents to $3.30 per gallon.

The national average diesel price fell for the second week consecutive week, losing just over three cents to hit $3.93 per gallon. The diesel price is $0.73 per gallon higher than last year at this time. Diesel prices were down across all the regions, with the biggest decrease coming in the Rocky Mountain region, where the price was almost six cents below last week's average. The West Coast lost almost four cents to put prices at $4.11 per gallon. Gulf Coast prices fell by three cents per gallon to $3.83 per gallon, the lowest regional price in the country. East Coast prices fell almost two cents per gallon, while prices in the Midwest dropped just over four cents per gallon to $3.91 per gallon.



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