Daily Archives: August 6, 2013

Gas and Diesel Prices Slip Downward In Nearly Every Region

Gas pump icon

Weekly gas price survey

Gas and diesel prices retreated from their mid-summer spike during the past week, according to the latest price survey from the U.S. Energy Information Adminstration. For gasoline, prices dipped by an average of just over a penny per gallon, for regular unleaded. Most regions that enjoyed a price break saw declines betwen 2¢ and 4¢ per gallon. However, drivers in the Midwest endured another increase in prices at the pump.

IMG_4072Overall, drivers across the United States have watched fuel prices bounce in a fairly narrow range during the past three months, although weather and refinery issues did impact gas prices across the Midwest in May and early June. Fuel prices nationwide are an average of $3.63 per gallon, with prices mostly lower along the Lower Atlantic and Gulf Coast states, and higher across the New England states and across the broad Western U.S.Diesel fuel remained nearly steady or was lower in most areas of the United States last week. The EIA reported the average price of diesel was down about a penny per gallon, although prices in the Rocky Mountain states and the West Coast, particularly California, notched upward one to two cents.

Diesel fuel is currently averaging $3.91 per gallon across the United States, but truckers and diesel car drivers in New England and the West Coast are paying well over $4.00 per gallon. The average price of a gallon of diesel in California is currently $4.13, according to the EIA.