Gas Prices Keep Falling, Though Not Quite As Fast

EDITOR'S NOTE: This is an abbreviated report, as we were attending a domain development conference at the normal time of publication.

Cost To Drive Getting Cheaper By The Day

Gas price trends for week of January 12, 2015The cost of a gallon of regular unleaded gasoline continued to decline over the past week, according to the weekly gas price survey from the U.S. Energy Information Administration. The E.I.A. chart shows the decline in prices has slowed somewhat; however, even at its current pace, the cost of gas is coming down at the rate of one penny per day. At this pace, the so-called official price of gas, the E.I.A.’s national average, will slip below $2.00 per gallon well before the end of January.

The Gulf Coast states reclaimed their regional dominance as the low-price leader, where gasoline is now just $1.91, on average. However, the Rocky Mountain region and the Central Atlantic states are leading the way in overall price movement, with week-on-week declines of 13¢ and 12¢, respectively.

For truckers, diesel prices continued their downward pace during the past week, declining another 8¢, on average, from the previous week. The average cost of a gallon of diesel is now just $3.05. As with regular gasoline, prices along the Gulf Coast are the lowest, with the average being only $2.96. The costliest diesel fuel is found along the Central Atlantic coast, with prices generally averaging about $3.24 per gallon.

DOWNLOAD THE WEEKLY GAS PRICE SURVEY

Author: Danny Pryor

Danny has more than 30 years of experience in media, including broadcasting and print journalism, and nearly two decades of website and digital content development. He is an AP-award-winning reporter and the creator of TurnpikeInfo.com.