The Car and Truck Fleet and Leasing Management Magazine

July 23 Report: Retail Gasoline Price Drops Nearly 5 Cents

July 28, 2008

WASHINGTON, D.C. --- The U.S. average retail price for regular gasoline dropped 4.9 cents to $4.064 per gallon last week, the Energy Information Administration (EIA) reported July 23.

This marked the second week in a row that the U.S. average price did not increase. Prices dropped in all regions except the Rocky Mountains.

On the East Coast, the price dropped 2.7 cents to $4.044 per gallon. The price dropped the most in the Midwest, going down 8.5 cents to $3.981 per gallon. This was the first time since June 23 the Midwest price slipped below $4.00 per gallon.

Decreasing 2.9 cents, the Gulf Coast price remained the lowest of any region at $3.942 per gallon. The price in the Rocky Mountain region moved up eight-tenths of a cent to $4.105 per gallon.

The West Coast price slipped 5.2 cents to $4.363 per gallon. The average in California also went down, dropping 6 cents to $4.46 per gallon, still $1.342 higher than the price a year ago, the EIA said.

For more up-to-date prices, check the EIA price chart released July 28 --- it's featured in the current issue of Fuel News.

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

Most car dealers who sell used vehicles must comply with the Federal Trade Commission's (FTC's) Used Car Rule. In fact, car dealers who sell more than five used vehicles in a 12-month period must comply with the Rule.

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