EIA: US Retail Gasoline Price DN 7.5cts at $2.611 Gallon
11/19 5:01 PM
EIA: US Retail Gasoline Price DN 7.5cts at $2.611 Gallon HOUSTON (DTN) -- The Energy Information Administration reported the average price of regular grade retail gasoline in the United States dropped 7.5cts in the week-ended today (11/19) to $2.611 gallon, a near seven-month low. EIA data shows the average price of regular grade gasoline has declined for six consecutive weeks but is still 4.3cts higher than at the same time in 2017. The average at-pump price moved lower during the week in all major regions of the United States with the largest decline in Midwest PADD 3 States, where the price point fell 9.5cts to $2.417 gallon, down 8.0cts from the same time last year. In Minnesota average price of regular grade gasoline dropped 9.3cts in the week at $2.490 gallon while in Ohio the price point rose 1.8cts during the week to $2.391 gallon. Motorists in Chicago saw the price point plunged 14.6cts in the week-ended Monday to $2.513 gallon, which was down 25.9cts from the same time in 2017. In Gulf Coast PADD 2 States the average price of retail gasoline was at 2.308 gallon, down 7.9cts in the week but up 2.3cts year-over-year. In Houston, the price slid 3.6cts during the week to $2.309 gallon. In East Coast PADD 1, the average price of regular grade gasoline fell 6.7cts in the week ended today to $2.554 gallon, which was up 2.8cts from the same time last year. Motorists in New England saw the retail average move 5.0cts lower in the week to $2.674 gallon while in the Central Atlantic States the price dropped 5.9cts $2.681 gallon. New York City consumers paid $2.772 gallon, down 4.1cts from the week prior, and in Boston the price point slid 2.5cts to $2.704 gallon. In the Lower Atlantic states, the average price of regular grade gasoline dropped 7.8cts in the week to $2.442 gallon as retail average in Florida slid 6.6cts to $2.469 gallon, which was up 1.6cts year-over-year. In West Coast PADD 5 States the average at-pump cost of regular grade gasoline was at $3.348 gallon, down 5.3cts in the week ended Monday but up 29.7cts year-over-year. Motorists in Los Angeles saw the price of regular grade gasoline slide 5.4cts in the week to $3.520 gallon while in San Francisco it dropped 8.1cts to $3.568 gallon. In the Pacific Northwest, motorists paid an average of $3.127 gallon, down 4.1cts in the week-ended Monday but up 46.9cts from the same time last year. In Rocky Mountain PADD 4 States, the average price of regular grade gasoline moved 6.3cts lower in the week to $2.828, which was up 28.6cts year-over-year. Colorado motorists paid $2.651 gallon, down 8.7cts from the week prior but up 12.6cts year-over-year. (c) 2018 DTN. All rights reserved.
 
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