Average Retail Gasoline Price Edges Up 0.1 Cent
WASHINGTON, D.C. --- The U.S. average retail price for regular gasoline crept up 0.1 cent last week to reach $3.004 per gallon as of July 31. That's 71.3 cents higher than last year, according to the Energy Department's Energy Information Administration (EIA).
Prices rose for the fifth week in a row, hitting above the $3 mark for the second week in a row. East Coast prices rose 0.9 cent to $3.013 per gallon. The Rocky Mountains showed the largest regional increase of 3.2 cents to $2.939 per gallon. West Coast prices remained the highest in the nation, falling 1.6 cents to $3.121 per gallon. California prices were down 2.2 cents to $3.198 per gallon, the EIA said.
Retail diesel fuel prices gained 3.4 cents to reach $2.980 per gallon as of July 31, which is 63.2 cents higher than last year. Prices were up throughout all major regions of the country, with the Rocky Mountains seeing the largest increase of 6.5 cents to $3.052 per gallon. West Coast prices remained the highest in the nation, gaining 1.9 cents to reach $3.066 per gallon. California prices fell 0.4 cent to $3.093 per gallon, the EIA said.