Automotive Fleet
MenuMENU
SearchSEARCH

Gasoline Prices Fall During First Week of July

WASHINGTON, D.C. --- For the sixth straight week, the U.S. average retail price for regular gasoline fell, declining 2.3 cents to $2.959 per gallon as of July 2.

by Staff
July 9, 2007
2 min to read


WASHINGTON, D.C. --- For the sixth straight week, the U.S. average retail price for regular gasoline fell, declining 2.3 cents to $2.959 per gallon as of July 2. Despite the price decline, the Energy Department's Energy Information Administration (EIA) reported that prices were still 2.5 cents per gallon higher than prices in the same week in 2006. All regions reported price decreases, the EIA said. East Coast prices dropped 2.1 cents to $2.925 per gallon. In the Midwest, prices fell 1.3 cents to $2.954 per gallon, while prices for the Gulf Coast decreased 2.9 cents to $2.851 per gallon. The largest price drop occurred in the Rocky Mountain region with prices falling 4.1 cents to $3.097 per gallon, although they remained 22.0 cents per gallon above last year. West Coast prices were down 3.9 cents to $3.106 per gallon. The average price for regular grade in California was down 3.5 cents to $3.157 per gallon. Retail diesel prices declined to $2.829 per gallon, 0.6 cent less than last week. Diesel prices were 6.9 cents per gallon lower than at this time last year, the EIA reported. East Coast diesel prices were down 0.5 cent to $2.827 per gallon. In the Midwest, diesel prices dropped 0.1 cent to $2.805 per gallon, while the Gulf Coast saw a dip of 1.4 cents to $2.766 per gallon. In the Rocky Mountain region, diesel prices remained unchanged at $2.936 per gallon. The West Coast diesel average price diminished 1.3 cents to $2.972 per gallon, 8.4 cents per gallon lower than at this time last year. California prices also fell, by 0.6 cent, to $3.067 per gallon.

More Fuel

A blue Automotive Fleet Youtube thumbnail is overlayed by blue text
Fuel•by Faith Howell•November 2, 2026

October Fuel Trends Show Diverging Gasoline and Diesel Prices

Get the latest fuel trends from October.

Read More →
a YouTube thumbnail with red and white text on the left and a row of fuel pump handles on the right
Fuel•by Faith Howell•September 30, 2026

Fuel Prices Surge in September | September Fuel Update

September brought major fuel price swings, including diesel crossing $6 a gallon. Here’s how gas and diesel prices changed throughout the month, and where they stood heading into October.

Read More →
title card with Ramel Lindsay, US Bank, and Chris Brown
Sponsored•by Chris Brown•July 22, 2026

Turning Fleet Payment Data into Executive Insights

Ramel Lindsay of U.S. Bank Voyager discusses how fleets can transform payment and transaction data into actionable intelligence to reduce costs, improve oversight, and support executive decision-making.

Read More →
Ad Loading...
fuel pump and rising price graph
Fuel•by Chris Brown•July 21, 2026

Why the IRS Raised Its Mileage Rate in the Middle of 2026

Fuel-price volatility drove the rare increase to 76 cents per mile, the fifth midyear adjustment since 2000.

Read More →
Graphic showing U.S. gasoline prices as of July 27, 2026, with the national average at $4.06 per gallon. Regional prices range from $3.69 on the Gulf Coast to $5.12 on the West Coast.
Fuel•by Faith Howell•July 14, 2026

July Fuel Update: Prices Keep Rising in Light of More Conflict

Gas prices continue to rise as more and more conflicts do, too.

Read More →
An Automotive Fleet podcast thumbnail on fuel volatility.
Fuel•June 30, 2026

Bob Adamsky on Fuel Volatility: "Don't Panic, Have a Plan."

When it comes to up and down fuel prices, Adamsky has a message for fleets: “Don’t panic.”

Read More →
Ad Loading...
thumbnail showing title of video, US Bank executive Ramel Lindsay and interviewer Chris Brown
Sponsored•by Chris Brown•June 29, 2026

How Fleets Can Gain Control of Non-Fuel Spend

Fuel often gets the spotlight, but non-fuel expenses can have a major impact on fleet costs. Ramel Lindsay of U.S. Bank Voyager discusses how fleets can gain better visibility and control over these often-overlooked expenditures.

Read More →
Map of the Middle East beside fuel pump nozzles illustrating how regional supply disruptions are increasing fuel prices and raising fleet maintenance costs for petroleum-based products.
Fuel•June 25, 2026

Fuel is Just the Start: How Middle East Tensions are Driving Up Fleet Maintenance Costs

The Middle East conflict is doing more than pushing up fuel prices. It’s also raising the cost of key maintenance products your fleet depends on, from motor oil to tires to windshield wipers. Here’s what you need to know about this budget-busting situation.

Read More →
Infographic showing U.S. average gasoline prices through June 2026, with prices falling after a May peak. Regional chart shows the West Coast with the highest fuel prices among major U.S. regions.
Fuel•by Faith Howell•June 23, 2026

June Fuel Update: Prices Fall Below $4

Drivers are finally getting some relief at the pump. The national average gas price has dropped below $4 a gallon for the first time in months, with prices falling in 47 states as oil markets react to developments in U.S.-Iran negotiations.

Read More →
Ad Loading...
Row of fuel nozzles at gas station
Fuel•by Chris Brown•May 30, 2026

Study: How 2026's Gas Price Hikes Affect Different Vehicle Types

New data from iSeeCars reveals how rising fuel costs have affected different vehicle segments as gasoline prices climbed nearly 46% over the past four months.

Read More →