The Car and Truck Fleet and Leasing Management Magazine

Retail Gasoline and Diesel Prices Decline

January 28, 2008

WASHINGTON, D.C. --- The U.S. average retail price for regular gasoline fell to $3.017 per gallon, as of Jan. 21. That's 5.1 cents lower than the previous week but 85.2 cents above a year ago, the Energy Department's Energy Information Administration (EIA) reported last week. All regions showed price drops, with the East Coast price losing 4.6 cents to settle at $3.062 per gallon. The Midwest price fell 5.2 cents to $2.958 per gallon, 96.6 cents per gallon more than last year. The lowest regional price occurred in the Gulf Coast. The price there decreased 5.3 cents to $2.904 per gallon. The Rocky Mountain price declined 2.1 cents to settle at $2.928 per gallon. The West Coast continued to have the highest regional price, but tallied the largest regional decrease, 5.9 cents, to drop to $3.155 per gallon. The average price for regular grade in California dropped to $3.226 per gallon, 6.4 cents less than the previous week.The average retail diesel fuel price decreased 5.6 cents to $3.270 per gallon, 84.0 cents higher than the same period last year. All regional diesel prices were lower, with the East Coast down by 4.8 cents to settle at $3.343 per gallon --- the highest regional price. New England was the only area with diesel prices above $3.50, as the price fell slightly to $3.594 per gallon. The Midwest saw diesel prices decrease 6 cents to $3.228 per gallon. The Gulf Coast had the lowest regional diesel price, declining 4.4 cents to $3.222 per gallon. The Rocky Mountain price was reduced by 3.2 cents to settle at $3.229 per gallon. The West Coast diesel price plunged 9.3 cents to $3.327 per gallon. California diesel prices tumbled 9.9 cents to $3.360 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.


Fleet Tracking And Telematics

Todd Ewing from Fleetmatics will answer your questions and challenges

View All


Fleet Management And Leasing

Merchants Experts will answer your questions and challenges

View All


Sponsored by

Saab, or Svenska Aeroplan Aktiebolaget (Swedish Aircraft Company), was founded in 1937 as an aircraft manufacturer and revealed its first prototype passenger car 10 years later after the formation of the Saab Car Division.

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