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.
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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?