WASHINGTON, D.C. --- The U.S. average retail price for regular gasoline dipped 2.5 cents last week to $2.867 per gallon as of May 29, according to the Energy Department. That's 77 cents higher than last year. This is the second straight week that prices have dropped, reported the Energy Department's Energy Information Administration (EIA). Though most of the country saw price decreases, that wasn't the case in the Midwest. Prices rose in that region by 0.3 cent to reach an average of $2.76 per gallon. The Gulf Coast saw the largest price decrease, falling 4.6 cents to $2.737 per gallon, the EIA reported. West Coast prices remained the highest in the nation, falling 4.4 cents to $3.205 per gallon. California prices fell 5.7 cents to $3.266 per gallon. The East Coast saw a price decrease of 3.4 cents to $2.859 per gallon. Retail diesel fuel prices fell 0.6 cent to reach $2.882 per gallon as of May 29, which is 72.2 cents higher than last year. Prices were mostly down throughout the country. The Rocky Mountains, however, saw an increase of 2 cents to reach $3.044 per gallon, the EIA said. West Coast prices remained the highest in the country, falling 1.4 cents to $3.161 per gallon, while California prices edged down 0.7 cent to $3.227 per gallon. East Coast prices fell 0.4 cent to $2.873 per gallon.
Retail Gasoline Prices Drop 2.5 Cents
WASHINGTON, D.C. --- The U.S. average retail price for regular gasoline dipped 2.5 cents last week to $2.867 per gallon as of May 29, according to the Energy Department.
More Fuel

May Fuel Update: Gas Prices Ease, But Relief May Be Short-Lived
After a brief pullback, GasBuddy warns rising oil prices and stalled Iran talks could send pump prices higher again in the days ahead.
Read More →
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 →
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 →
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 →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 →
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 →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 →
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 →
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 →
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 →