Nationwide, gasoline and diesel prices dropped significantly from last week. The national gasoline average is 38.9 cents above the price this time last year.
National retail fuel price averages
|
Price |
Change from last week |
| Regular gasoline/gallon |
$3.15 |
↓ .33 |
| Diesel fuel/gallon |
$3.66 |
↓ .22 |
Regional regular gasoline prices
|
Price |
Change from last week |
| East Coast |
$3.22 |
↓ .32 |
| -New England |
$3.10 |
↓ .29 |
| -Central Atlantic |
$3.19 |
↓ .25 |
| -Lower Atlantic |
$3.29 |
↓ .38 |
| Midwest |
$2.99 |
↓ .40 |
| Gulf Coast |
$2.99 |
↓ .45 |
| Rocky Mountain |
$3.27 |
↓ .23 |
| West Coast |
$3.42 |
↓ .15 |
| -California |
$3.47 |
↓ .13 |
Source: Energy Information Administration, 10/14/08. Figures rounded to the nearest cent.
For more information on saving fuel see our reports on how to get the best gas mileage and where to find the cheapest gas.
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Posted by: melville248 | Oct 14, 2008 11:19:48 PM
I have to say on a road trip this week end it was so refreshing to see gas prices down. In Indiana, we paid $2.99 a gallon. The same trip five weeks ago when we brought our daughter to school, cost us almost 30% more. Of course we just spent more money on eating and drinking. Hey, some of us our doing our share to boost the economy!
Posted by: Bioll321 | Oct 27, 2008 11:43:43 AM
It sickens me to hear the news and other so called "experts" try to pull the wool over our eyes once again about gas prices. For the first time in quite a while, we have gas prices at pumps trickling back down to where they should have been the whole time and OPEC wants to cut production? I guess the billions and billions that oil companies made last year just wasn't good enough of a profit. Oh, and for your self-righteous morons who want to lecture me on the basics of supply and demand, I hold a Masters in Economics and Business Administration. I am no stranger to supply and demand. Its time to get realistic and own up to the greed problem that plagues this industry year in and year out. I am sure that I am in the majority when I see gas around $2.60 or so and smile...reflecting on the amount of money that I will be saving to put meals on the table for my family or have a tad bit extra spending money to throw at the dwindling marketplaces hit by hard economic times (a whole other story).