The U.S. average price for regular gasoline slipped a penny for a second straight week, settling at $2.63 per gallon. The national average was $1.06 below the year-ago price. The East Coast price fell a penny to $2.61 per gallon while the Midwest average was essentially unchanged at $2.55 per gallon. The average price on the Gulf Coast remained the lowest of any region, dropping nearly three cents to $2.49 per gallon. The Rocky Mountain region was the only area of the country to register a price increase. Although the price inched up a half cent to $2.62 per gallon, it remained $1.22 below last year. The average on the West Coast dipped a penny to $2.95 per gallon, while the price in California slipped two cents to $3.03 per gallon.

The national average price for diesel fuel rose for the fifth consecutive week with an increase of nearly two cents taking the price to $2.67 per gallon. Despite a cumulative increase over the past five weeks of more than 17 cents, the average price was $1.48 below last year. Diesel prices increased in all regions of the country. The East Coast average inched up a half penny to $2.69 per gallon, $1.51 below a year ago. In the Midwest, the price rose over a cent to $2.64 per gallon. Despite an increase of nearly two cents, the average on the Gulf Coast remained the lowest of any region at $2.62 per gallon. The largest price increases took place in the Rocky Mountains and on the West Coast where the averages increased four cents to $2.67 and $2.79 per gallon, respectively. In California, the average moved up a penny to $2.88 per gallon.