The U.S. average retail price of regular gasoline fell for the eighth time in nine weeks, shedding almost three cents to reach $3.42 per gallon. The average price is $0.56 per gallon higher than last year at this time. The Midwest had the largest decrease at four and a half cents to put the price at $3.34 per gallon. The Gulf Coast price shed almost four cents while the East Coast and Rocky Mountain prices both fell over two cents to $3.41 per gallon and $3.47 per gallon, respectively. The West Coast tallied the smallest decrease of less than a penny and remained the most expensive region in the country at $3.77 per gallon.
The national average diesel price decreased slightly to remain at $3.89 per gallon. The diesel price is $0.77 per gallon higher than last year at this time. The East Coast and Gulf Coast both lost around a penny to put prices at $3.88 per gallon and $3.80 per gallon, respectively. The Midwest average lost a fraction of penny to settle at $3.86 per gallon. The Rocky Mountain price was up almost two cents at $3.98 per gallon while the West Coast was up just a fraction of a penny and remained the most expensive region in the country at $4.11 per gallon.