EIA: U.S. Average Retail Gasoline Price Dips 3cts on Week


   
Kristina Davis
DTN Refined Fuels Market Reporter

   MIAMI, FL (DTN) -- The national average for retail regular gasoline declined 
in the week ended December 29, with prices falling across nearly every major 
U.S. region, data from the Energy Information Administration reported Tuesday 
(12/30).
The U.S. average for regular gasoline fell by 3cts to $2.811 gallon last week, 
19.5cts lower than the same week last year, the EIA's weekly update on fuel 
pricing showed.
East Coast (PADD 1) gasoline slipped 3.9cts to $2.781 gallon in the week ended 
December 29, 17.5cts down compared to the same period last year.
Within the East Coast, New England (PADD 1A) prices decreased 2cts to $2.867 
gallon week over week and a 11.1cts decline year-on-year.
Central Atlantic (PADD 1B) gasoline prices dropped 2.5cts to $2.939 gallon last 
week,12.7cts under last year's level.
Lower Atlantic (PADD 1C) gasoline prices dipped 5.2cts to $2.662 gallon in the 
profiled week and were 21.9cts less than the previous year.
Midwest (PADD 2) prices edged up 0.1ct to $2.606 gallon, 26.9cts below the same 
period last year.
Prices for the same product in the Gulf Coast (PADD 3) dropped by 5.3cts to 
$2.390 gallon, a  22.3cts decline from last year.
Rocky Mountain (PADD 4) gasoline declined by 5.8cts to $2.434 gallon in the 
reference week, 44.7cts weaker year-on-year.
West Coast (PADD 5) gasoline prices slid 3.7cts to $3.731 gallon, while 3.9cts 
lower than the corresponding week last year.
Gasoline prices at West Coast less California decreased 4cts to $3.382 gallon 
in the reference week, while 2.3cts lower year-on-year.




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