Average gas prices—November 24, 2008
Gasoline and diesel prices continue to drop from the week before. The national gasoline average is now more than a $1.20 below the price this time last year. Diesel fuel is now 78 cents below this time last year.
National retail fuel price averages
| Price | Change from last week |
| Regular gasoline/gallon | $1.89 | ↓ .18 |
| Diesel fuel/gallon | $2.66 | ↓ .15 |
Regional regular gasoline prices
| Price | Change from last week |
| East Coast | $1.95 | ↓ .16 |
| -New England | $1.95 | ↓ .17 |
| -Central Atlantic | $2.05 | ↓ .16 |
| -Lower Atlantic | $1.88 | ↓ .16 |
| Midwest | $1.75 | ↓ .18 |
| Gulf Coast | $1.81 | ↓ .15 |
| Rocky Mountain | $1.85 | ↓ .19 |
| West Coast | $2.12 | ↓ .24 |
| -California | $2.11 | ↓ .26 |
Source: Energy Information Administration, 11/24/08. 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.
Previous
Posted by: Cale | Nov 24, 2008 5:59:36 PM
After reading blog comments peppered with expressions and terms like "no end in sight" and "skyrocketing" that accompanied the summer run-up in price, I would have thought you'd be adding terms like "unprecedented", "free fall", and "extraordinary" to describe the recent decline of prices. This is a period of uncharted economic turbulence yet I sense a great deal of restraint on the part of the gas bloggers.
Posted by: Jeff Bartlett | Nov 24, 2008 9:03:00 PM
Cale - I understand. And I'm glad you faithfully read these postings! I have been at a loss for words and a little afraid of jixing the trend. ;-)