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March 24, 2008

U.S. gas prices—March 24, 2008

Gas prices decline in most areas.

National retail fuel price averages

Price Change from last week
Regular gasoline/gallon $3.26 .03
Diesel fuel/gallon $3.99 .02

Regional regular gasoline prices

Price Change from last week
East Coast $3.24 .01
  -New England $3.20 .01
  -Central Atlantic $3.24 0
  -Lower Atlantic $3.25 .02
Midwest $3.19  .06
Gulf Coast $3.17 .01
Rocky Mountain $3.20 .02
West Coast $3.52 .01
  -California $3.60 0

Source: Energy Information Administration, 3/24/08

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Comments

I'm glad to see more down arrows than up arrows. I hope *crossing my fingers but not holding my breath* that gas prices will be able to find their way down sometime soon.

Kristina

Unfortunately, with the recent pipeline blast in Iraq, I wouldn't be surprised if a barrel of oil approaches $120 (right now it's around $109). So, I'm guessing that we'll be paying at least 25 cents more a gallon by August. In my town that means I'll be paying $3.78 a gallon for regular and $3.95 for premium.

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