Gasoline and diesel fuel prices both increase
The U.S. average retail price of regular gasoline increased 15 cents to $3.64 per gallon as of July 15, 2013, up 21 cents from last year at this time. This is the largest one-week increase since February 2013. Regionally, the largest increase came in the Midwest, where the price is up 23 cents to $3.64 per gallon. The Gulf Coast price is $3.44 per gallon, 15 cents higher than last week, and on the East Coast the price is up 13 cents to $3.59 per gallon. On the West Coast the price is $3.93 per gallon, a nickel higher than last week. Rounding out the regions, the Rocky Mountain price increased less than a penny to remain at $3.61 per gallon.
The national average diesel fuel price increased four cents to $3.87 per gallon, 17 cents higher than last year at this time. The East Coast, Gulf Coast, and West Coast prices all increased five cents, to $3.88, $3.80, and $4.00 per gallon, respectively. The Midwest price is now $3.85 per gallon, three cents higher than last week. Rounding out the regions, the Rocky Mountain price is up two cents to $3.83 per gallon.