Average Retail Gasoline Price Falls 0.6 Cent
WASHINGTON, D.C. --- The U.S. average retail price for regular gasoline fell 0.6 cent last week, dropping to $2.498 per gallon as of March 27. That's 34.5 cents higher than last year, reported the Energy Department's Energy Information Administration (EIA). Prices varied throughout the country, with the West Coast seeing an increase of 3.8 cents to reach $2.609 per gallon, the highest regional price in the country. California prices rose 3.4 cents to hit $2.669 per gallon, 29.3 cents higher than this time last year, the EIA reported. East Coast prices dipped just 0.1 cent to $2.496 per gallon. Midwest prices dropped the most, regionally, falling 3.0 cents to $2.471 per gallon. Retail diesel fuel prices decreased by 1.6 cents to reach $2.565 per gallon as of March 27, which is 31.6 cents higher than last year. Prices fell throughout the country, with the Gulf Coast seeing the largest regional decrease of 2.4 cents to $2.528 per gallon. West Coast prices, still the highest in the nation, lost 1.8 cents to hit $2.698 per gallon, the EIA said.