The cost of driving from Point “A” to Point “B” got a little cheaper last week, again, as gas prices across the U.S. continued falling, and at roughly the same pace as has been seen during the past three weeks. The average price of a gallon of unleaded gasoline was down to $3.52, and that price is about 31¢ lower, per gallon, that at this time last year. The figures were published today as part of the weekly gas price survey from the U.S. Energy Information Administration.
The only region of the U.S. not enjoying a decline in gas prices was the Midwest, which has bucked the trend of falling fuel costs for two consecutive weeks. Prices across the Midwestern region were either flat or up slightly, by about a penny per gallon in most places.
Meanwhile, the cost of shipping goods nationwide got a little cheaper during the past week, at least where diesel prices are concerned. The cost of a gallon of diesel fuel declined by almost 4-cents per gallon during the past week, a trend that was felt in nearly every region. In some places, like California, the Midwest and the lower Atlantic states, the price decline was only about 3-cents per gallon. As with regular gasoline, however, the price of diesel fuel is down considerably from one year ago. The Rocky Mountain states and the West Coast, not including California, have enjoyed the most substantial decrease in diesel costs, where prices are down an average of 40-cents per gallon.