EIA: U.S. Retail Gasoline Average Falls 4.5cts on Week

MIAMI, FL (DTN) — The national average for retail regular gasoline declined in the week ended December 15, with prices falling in every major U.S. region, data from the Energy Information Administration showed Tuesday (12/16).
The U.S. average for regular gasoline fell by 4.5cts to $2.895 gallon last week, standing 12.1cts lower from the same week last year, the EIA’s weekly update on fuel pricing showed.
East Coast (PADD 1) gasoline slipped 5cts to $2.842 gallon in the week ended December 15, while sitting 14.9cts lower than the same period last year.
Within the East Coast, New England (PADD 1A) prices decreased 1.9cts to $2.925 gallon week over week and were 5.6cts lower year-on-year.
Central Atlantic (PADD 1B) gasoline prices dropped 2.3cts to $3.012 gallon last week, while standing 7.6cts lower than the same week last year.
Lower Atlantic (PADD 1C) gasoline prices dipped 7.3cts to $2.716 gallon in the profiled week and were 21.7cts lower than the previous year.
Midwest (PADD 2) prices eased 3cts to $2.69 gallon, standing 19.4cts below the same period the previous year.
Prices for the same product in the Gulf Coast (PADD 3) edged 0.1cts lower to $2.492 gallon, standing 7cts lower than last year.
Rocky Mountain (PADD 4) gasoline tumbled by 9.7cts to $2.547 gallon in the reference week, standing 29.2cts lower year-on-year.
West Coast (PADD 5) gasoline prices slid 10.5cts to $3.851 gallon, but stood 6.6cts higher than the corresponding week of last year.
Gasoline prices at West Coast less California decreased 10.7cts to $3.501 gallon in the reference week, while standing 5.6cts higher year-on-year.