Average gas prices—November 17, 2008
Gasoline and diesel prices continue to drop from the week before. The national gasoline average is now more than a dollar cents below the price this time last year—$1.03. Diesel fuel is now 60.1 cents below this time last year.
National retail fuel price averages
| Price | Change from last week |
| Regular gasoline/gallon | $2.07 | ↓ .15 |
| Diesel fuel/gallon | $2.81 | ↓ .14 |
Regional regular gasoline prices
| Price | Change from last week |
| East Coast | $2.11 | ↓ .16 |
| -New England | $2.12 | ↓ .17 |
| -Central Atlantic | $2.21 | ↓ .18 |
| -Lower Atlantic | $2.04 | ↓ .14 |
| Midwest | $1.93 | ↓ .13 |
| Gulf Coast | $1.96 | ↓ .14 |
| Rocky Mountain | $2.03 | ↓ .22 |
| West Coast | $2.36 | ↓ .18 |
| -California | $2.37 | ↓ .18 |
Source: Energy Information Administration, 11/17/08. 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.
Posted by: melville248 | Nov 17, 2008 10:56:12 PM
I am enjoying these low gas prices. I had to cut back on my Starbucks when gas was so high. Currently am enjoying the coffee indulgence.
Posted by: Emma | Nov 19, 2008 4:55:31 AM
I bought an HONDA ACCORD LX-V6 2004 on January 2005 and it was only 89 miles. few days ago it reached 100K miles and suddenly the transmission gave up. Should I repare the car and then sell it or just keep it? Thank you in advance for your advices!!!
Posted by: Ken | Nov 21, 2008 11:27:16 AM
I would keep it. The current economy is a definite buyer's market, and getting the vehicle's true worth in a sale or trade could be difficult; however, the same could be said about buying a new car for a cheaper than average price.
In either case, I would get it fixed, and hold onto it for at least a few more months.
Posted by: sean | Nov 21, 2008 4:16:25 PM
I would like to know at what point will companies drop their fuel surcharge, or will they keep them and use this to help their bottom line?