The Car and Truck Fleet and Leasing Management Magazine

Average Retail Gasoline Climbs 13.8 Cents

March 24, 2006

WASHINGTON, D.C. --- The U.S. average retail price for regular gasoline jumped 13.8 cents, the third-largest weekly increase ever, to reach $2.504 per gallon as of March 20. That's 39.5 cents higher than last year, reported the Energy Department's Energy Information Administration (EIA). Prices jumped throughout the country, with the Gulf Coast seeing the largest increase of 18.4 cents to reach $2.476 per gallon, or 45.4 cents per gallon higher than a year ago. The highest regional price in the country was on the West Coast, where the average price was $2.571 per gallon. California prices rose 10.3 cents to reach $2.635 per gallon, 32.3 cents higher than this time last year. East Coast prices climbed 16.4 cents to $2.497 per gallon, which is 42.7 cents higher than a year ago. Retail diesel fuel prices increased by 3.8 cents to reach $2581 per gallon as of March 20, which is 33.7 cents higher than last year. Prices were up throughout most of the country, with the Gulf Coast seeing the largest regional increase of 5.5 cents to $2.552 per gallon. West Coast prices, still the highest in the nation, lost 0.9 cents to 271.6 cents per gallon.
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