The Car and Truck Fleet and Leasing Management Magazine

Average Retail Gasoline Price Drops 12 Cents

September 22, 2006

WASHINGTON, D.C. --- The U.S. average retail price for regular gasoline fell 12.1 cents last week to hit $2.497 per gallon as of Sept. 18, which is 28.9 cents lower than a year ago. Prices fell for the sixth week in a row, reaching the lowest national average price since March 13, 2006, according to the Energy Department's Energy Information Administration (EIA). In its latest weekly report, the EIA said East Coast prices fell 12.6 cents to $2.528 per gallon. The Midwest saw the largest regional price decrease of 12.9 cents to $2.319 per gallon. West Coast prices were still the highest in the nation after falling 10.0 cents to $2.806 per gallon, the lowest price in that region since April 10. California prices were 10.1 cents lower at $2.848 per gallon, only the second week that the state average has been below the $3 mark since April 24, the EIA reported. Retail diesel fuel prices fell by 14.4 cents to reach $2.713 per gallon as of Sept. 18, 1.9 cents lower than last year. This is the fifth week in a row that prices have fallen, the EIA said. Prices dipped throughout the country, with the Rocky Mountains seeing the largest regional decrease of 18.4 cents to $3.052 per gallon. But that's still the highest regional price in the country. West Coast diesel fuel prices fell 12.3 cents to hit $3.014 per gallon.
Twitter Facebook Google+


Please note that comments may be moderated. 
Leave this field empty:

Fleet Incentives

Determine the actual cost of owning and running a vehicle in your fleet. Compare vehicles by class and model.

Sponsored by

The Ford Transit Connect is a van designed to meet the specific needs of small-business proprietors, taxi fleets, and commercial fleets of any size.

Read more

Fuel Saving Strategies Survey

View our 2008 survey to benchmark your fleet's fuel and green strategies with other fleets.

Fuel Calculator

A managed fuel program can help you save time and money and gain control over the way you fuel your vehicles. Determine your potential savings by using our fuel calculator.
Launch Fuel Calculator 

Fuel Prices

U.S. Gasoline and Diesel Fuel Prices.

Launch Fuel Prices 

Up Next

More From The World's Largest Fleet Publisher