U.S. Gasoline Prices Up Average of 1.6 Cents
WASHINGTON, D.C. --- The U.S. average retail price for regular gasoline rose 1.6 cents to reach 233.6 cents per gallon as of Jan. 23, according to the Energy Department. That's 48.3 cents higher than last year. Prices were up throughout the country, the Energy Department's Energy Information Administration (EIA) reported. The Rocky Mountains and Midwest had the largest regional increases of 1.9 cents to 222.0 cents per gallon and 228.2 cents per gallon, respectively. California prices gained just 0.7 cent to 242.4 cents per gallon. East Coast prices, still the highest regional prices in the nation, increased by 1.4 cents to 239.5 cents per gallon.Retail diesel fuel prices increased by 2.3 cents to reach 247.2 cents per gallon as of Jan. 23 --- 51.3 cents higher than last year. Prices rose throughout the country, with the largest increase occurring on the West Coast, gaining 4.3 cents to reach 260.8 cents per gallon. East Coast prices increased 2.7 cents to reach 251.6 cents per gallon. Within that region, however, New England prices gained just 0.5 cent to reach 266.8 cents per gallon, the EIA reported.