Automotive Fleet
MenuMENU
SearchSEARCH

Average Retail Gasoline Price Drops Almost 8 Cents

WASHINGTON, D.C. --- The U.S. average retail price for regular gasoline fell 7.6 cents last week to hit $2.924 per gallon as of Aug. 21.

by Staff
August 25, 2006
1 min to read


WASHINGTON, D.C. --- The U.S. average retail price for regular gasoline fell 7.6 cents last week to hit $2.924 per gallon as of Aug. 21. That's 31.2 cents higher than last year, according to the Energy Department's Energy Information Administration (EIA). Prices fell for the second week in a row, dropping below the $3 mark for the first time in five weeks. East Coast prices lost 7.5 cents to hit $2.933 per gallon. The Midwest saw the largest regional price decrease of 11.1 cents to $2.861 per gallon. West Coast prices, the highest in the nation, fell 3.9 cents to $3.098 per gallon. California prices were 4.9 cents lower at $3.162 per gallon. Retail diesel fuel prices declined 3.2 cents to reach $3.033 per gallon as of Aug. 21. That's 44.5 cents higher than last year and the third week in a row that prices have been over the $3 mark. Prices varied throughout the country, with the Rocky Mountains seeing the largest regional increase of 3.8 cents to $3.349 per gallon, the highest regional price in the country. East Coast prices fell by 7.4 cents to $2.953 per gallon.

More Fuel

Graphic showing U.S. average gas prices rising to $4.42 per gallon in May 2026, with regional breakdowns highlighting highest prices on the West Coast at $5.58.
Fuelby Faith HowellMay 5, 2026

May Fuel Update: Prices Spike Again Across the Nation

Fuel prices have risen in all 50 states, with the average increasing by almost 39 cents.

Read More →
Graphic showing U.S. gas prices April 2026 with line chart near $4.04 per gallon and regional bars: West Coast highest at $5.41, others around $3.68–$4.02, indicating rising fuel costs.
Fuelby Faith HowellApril 29, 2026

April Fuel Update: Prices Climb Above $4 as Spring Surge Accelerates

National average jumps to $4.04 per gallon, up sharply from last year, with West Coast prices topping $5 and further increases expected amid rising oil tensions.

Read More →
Graphic reading “Fuel-Saving Strategies” with fuel pump and droplet icons, representing fleet management tips on policy, in-network fueling, and maintenance to reduce fuel costs.
Fuelby Faith HowellApril 27, 2026

Tips from Fleet Managers on Saving Fuel Costs

Fleet leaders share practical strategies to reduce fuel spend through smarter policy, routing, and driver guidance.

Read More →
Ad Loading...
Graphic showing U.S. average gas prices for March 2026 with a line chart and regional breakdown, highlighting rising prices and highest costs on the West Coast above $5 per gallon.
Fuelby Faith HowellMarch 31, 2026

March Fuel Update: Prices Settle With a $4 Average

Fuel prices significantly slowed this week, but a $4 national average is still expected.

Read More →
Two men seated at a table during an interview about fleet fuel strategy, with on-screen text reading “AWP Safety Bob Adamski Senior Director of Fleet.”
Fuelby Chris BrownMarch 20, 2026

Bob Adamsky on Fuel Volatility: “Don’t Panic — Have a Plan”

With oil prices rising again, AWP Safety’s fleet manager shares how to respond to rising fuel costs and how the right strategy can turn fuel spikes into cost-saving opportunities.

Read More →
gas pump dispensing money on Middle East map
Fuelby Chris BrownMarch 13, 2026

Oil Market Turbulence Is Complicating Fleet Cost Planning

Rapid swings in crude oil prices driven by the conflict in the Middle East could create longer-term cost pressures for fleets, affecting fuel prices, supply chains, and vehicle strategy, says NTEA’s Andrew Wrobel.

Read More →
Ad Loading...
SponsoredMarch 1, 2026

Report: How AI Is Reshaping Fleet and Field Service Operations

AI is rapidly transforming fleet and field service operations, from predictive maintenance and intelligent scheduling to customer self-service and real-time diagnostics. But while organizations are seeing measurable gains in uptime, productivity, and efficiency, many are still navigating workforce adoption, cybersecurity concerns, and data readiness challenges. Explore the latest trends, investment priorities, and emerging AI use cases shaping the future of fleet operations.

Read More →
A chart with EIA data shows an increase in U.S gas prices. Next to it, a chart breaks down the prices by region.
Fuelby Faith HowellFebruary 25, 2026

February Fuel Update: Prices Inch Higher for Third Week in a Row

The final February fuel update reveals prices continuing to inch higher for the third week in a row.

Read More →
A blue background has two fuel pumps overlaying it with text on the left side.
Fuelby Faith HowellFebruary 10, 2026

The 2026 Fuel Economy Guide: Updated Cost and Efficiency Benchmarks for Fleets

Fleet managers can use the DOE’s 2026 Fuel Economy Guide to benchmark MPG across powertrain types using side-by-side vehicle ratings and compare new model-year options.

Read More →
Ad Loading...
A chart with EIA data shows an increase in U.S gas prices. Next to it, a chart breaks down the prices by region.
Fuelby Faith HowellJanuary 28, 2026

January Fuel Update: Prices Hit Highest Level Since Summer

The national average for fuel prices has officially risen to its highest point since the summer.

Read More →