Gasoline Falls Back Under $3.30 a Gallon
The national average price of gasoline fell 3.1 cents to $3.296 for the week ending Monday, the U.S. Energy Information Administration reported.
For the week ending Jan. 20, the average price remained near a three-month high near $3.30 a gallon. The current price is 1.9 cents lower that it was a year ago.
Of the various regions tracked, the Midwest saw the biggest weekly drop, as the price fell 5.3 cents to $3.20. The smallest slide came in the Rocky Mountain region with a 0.3 cent fall. All regions saw a decline. In AAA's Daily Fuel Gauge Report, which tracks prices in each of the 50 states, the average price of fuel in Missouri fell to $2.997. The state is the only one under $3 per gallon.
Meanwhile, the national average price for diesel fuel fell 1.3 cents to $3.873 per gallon. It's now 2.9 cents lower than a year ago.