Gas, Diesel Prices Both Up During Past Week

By CnAgri Print

The U.S. average retail price of regular gasoline increased a penny last week to $3.44 per gallon, 13 cents higher than last year at this time. Prices east of the Rockies increased, while those in the West decreased.

The largest increase came in the Midwest, where the average price rose four cents to $3.39 per gallon, while both the East Coast and Gulf Coast prices increased a penny, to $3.49 per gallon and $3.17 per gallon, respectively. The Rocky Mountain price is now $3.47 per gallon and the West Coast price is $3.67 per gallon, both decreases of four cents from last week.

The national average diesel fuel price increased six cents to $4.03 per gallon, seven cents higher than last year at this time. The only decrease came in the Rocky Mountain region, where the price is down less than a penny to remain at $4.06 per gallon. The largest increase came in the Midwest, where the price increased 11 cents to $4.02 per gallon. The East and Gulf Coast prices both increased four cents, to $4.09 per gallon and $3.90 per gallon, respectively. The Gulf Coast is now the only region where the price is less than $4 per gallon.

Rounding out the regions, the West Coast price remains the highest in the Nation at $4.12 per gallon, an increase of two cents from last week.