The U.S. average retail price of regular gasoline decreased 10 cents this week to $3.44 per gallon, 14 cents per gallon lower than last year at this time. This is the 12th consecutive week that the average U.S. price has declined. Prices dropped in all regions of the Nation, with the largest decrease on the West Coast, where the price fell 14 cents to $3.82 per gallon. The Midwest price decreased 13 cents to $3.43 per gallon, while the Gulf Coast price dropped about seven cents to $3.20 per gallon. The average price on the East Coast and in the Rocky Mountain region both decreased about six cents, to $3.34 per gallon and $3.63 per gallon, respectively.
The national average diesel fuel price decreased five cents to $3.68 per gallon, 21 cents per gallon lower than last year at this time. This marks the 11th consecutive week that the average U.S. price has fallen. The West Coast saw the largest decrease for the fifth consecutive week, falling six cents to $3.84 per gallon. The price in all other regions of the Nation dropped about five cents. The average diesel price is now $3.72 per gallon, $3.61 per gallon, $3.60 per gallon, and $3.78 per gallon on the East Coast, Midwest, Gulf Coast, and Rocky Mountain regions, respectively.