The Car and Truck Fleet and Leasing Management Magazine

Sept. 24 Report: Gasoline Price Drops in All Regions

September 25, 2008

WASHINGTON, D.C. --- The U.S. average price for regular gasoline on Sept. 24 sank 11.7 cents to $3.718 per gallon -- nearly 40 cents below the all-time high set on July 7, the Energy Information Administration reported.

The average price on the East Coast retreated 8.8 cents to $3.721 per gallon. Although the price plummeted 19.2 cents to $3.754 per gallon in the Midwest, the price remained the highest of any region.

The price on the Gulf Coast slipped 7.9 cents to $3.678 per gallon. The price in the Rocky Mountains fell for the ninth straight week, plunging 10.3 cents to $3.651 per gallon, remaining the lowest average price among the five regions.

Dropping for the 13th consecutive week, the price on the West Coast tumbled another 7.7 cents to hit $3.693 per gallon. The price in California dropped 7.9 cents to $3.725 per gallon, the EIA reported. 

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