Cost Of Driving Plunges As Summer Comes To End
The average U.S. price of a gallon of gasoline took a sizable drop during the past week, according to the latest survey from the U.S. Energy Information Administration. The latest E.I.A. fuel price survey shows the nationwide average for a gallon of regular unleaded is down to $3.41, a week-over-week drop of more than 5¢ per gallon.
Some regions enjoyed a more substantial price dip. For instance, Midwestern drivers found their average cost of gas was down by about 8¢ per gallon to $3.36. For drivers along the Gulf Coast, this week’s price drop pushed the cost of a gallon of gas below the $3.20 mark for the first time since February 17.
The nation’s most expensive region continues to be the West Coast, where gas prices remain stubbornly high. The average driver along the Pacific rim is paying about $3.74 per gallon, but that is well below the peak prices suffered in the heat of summer, when the cost of gas was regularly above $4.00.
Truckers Also Catch Price Break At The Pump
Truckers are experiencing a noticeable decline in prices, too. The last official week of summer begins with the average price of diesel at $3.80 per gallon. That is down from last week and off more than 17¢ compared to the same period a year ago.
Truckers along the West Coast are, like their gas-powered counterparts, paying the most for fuel. Diesel is currently averaging $4.01 per gallon on the West Coast. The least expensive region is the Gulf Coast, where diesel averages $3.71 per gallon.