Gasoline prices fall while diesel prices rise

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The U.S. average retail price of regular gasoline fell for the sixth time in seven weeks, decreasing 1.4 cents to reach $3.46 per gallon. The average price is $0.65 per gallon higher than last year at this time. The Midwest had the largest decrease (just over five cents per gallon) to put the price at $3.36 per gallon. The Rocky Mountain regional average declined a penny to $3.52 per gallon while the Gulf Coast price was down a tenth of a cent. Reversing the trend, the East Coast price increased about a penny to $3.46 per gallon and the West Coast averaged $3.79 per gallon, a fraction of a cent higher than last week.

The national average diesel price increased 2.4 cents to $3.83 per gallon. The diesel price is $0.76 per gallon higher than last year at this time. Diesel averages were up across all the regions, with the largest increase occurring on the West Coast. The West Coast price rose almost four cents to $4.05 per gallon. The Midwest average moved about three cents higher. The East Coast and Gulf Coast regions increased about two cents to put prices at $3.83 per gallon and $3.75 per gallon, respectively. The Rocky Mountain price was $3.91 per gallon, over two cents above last week.



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