EIA: U.S. Gasoline Edges Down 1.3cts After 3-Week Rise
9/29 9:07 AM
EIA: U.S. Gasoline Edges Down 1.3cts After 3-Week Rise
Miguel E. Andujar
DTN Refined Fuels Market Reporter
DAVENPORT, FL (DTN) -- U.S. pump prices for regular gasoline edged down
1.3cts to $4.465 gallon during the week ended September 28, snapping three
consecutive weekly increases, Energy Information Administration data showed
Tuesday (9/29).
The national average remained $1.347 above levels seen during the previous
year and just below the $4.478 gallon reached the prior week, which was the
highest since May.
The Midwest (PADD 2) posted the largest weekly decline, falling 9.5cts to
$4.291 gallon, followed by the Gulf Coast (PADD 3), where prices dropped 4.8cts
to $3.924 gallon.
In contrast, the West Coast (PADD 5) posted the largest weekly increase,
rising 12.4cts to $5.724 gallon, while the Lower Atlantic (PADD 1C) increased
3.2cts to $4.195 gallon.
The West Coast (PADD 5) remained the most expensive region nationwide at
$5.724 gallon, while the Gulf Coast (PADD 3) continued to post the lowest
gasoline price at $3.924 gallon.
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