EIA: U.S. Retail Gasoline Falls 1.4cts to $4.071
Miguel E. Andujar
DTN Refined Fuels Market Reporter
DAVENPORT, FL (DTN) -- U.S. pump prices for regular gasoline fell 1.4cts to
$4.071 gallon during the week ended August 31, Energy Information
Administration data showed Tuesday (9/1).
The national average remained 89.4cts above levels seen during the previous
year and held above the $4 gallon mark despite retreating from $4.085 gallon
the prior week.
New England (PADD 1A) posted the largest weekly increase, rising 7cts to
$4.096 gallon, while the West Coast (PADD 5) registered the second-largest
gain, climbing 5.9cts to $5.206 gallon.
On the opposite end, the Rocky Mountain region (PADD 4) recorded the
steepest decline, falling 9.3cts to $4.266 gallon, followed by an 8.7cts drop
in the Midwest (PADD 2) to $3.847 gallon.
The West Coast (PADD 5) remained the most expensive region nationwide at
$5.206 gallon, while the Gulf Coast (PADD 3) continued to post the lowest
gasoline price at $3.618 gallon, down 2cts from the previous week.
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