EIA: U.S. Retail Gasoline Average Falls 5.4cts on Week


   
Kristina Davis
DTN Refined Fuels Market Reporter

   MIAMI, FL (DTN) -- The national average for retail regular gasoline declined 
in the week ended December 22, with prices falling across every major U.S. 
region, data from the Energy Information Administration showed Tuesday (12/23).
The U.S. average for regular gasoline fell by 5.4cts to $2.841 gallon last 
week, standing 18.3cts lower from the same week of last year, the EIA's weekly 
update on fuel pricing showed.
East Coast (PADD 1) gasoline slipped 2.2cts to $2.82 gallon in the week ended 
December 22, while sitting 12.5cts lower than the same period last year.
Within the East Coast, New England (PADD 1A) prices decreased 3.8cts to $2.887 
gallon week over week and were 9.1cts lower year-on-year.
Central Atlantic (PADD 1B) gasoline prices dropped 4.8cts to $2.964 gallon last 
week, while standing 10.7cts lower than the same week last year.
Lower Atlantic (PADD 1C) gasoline prices dipped 0.2cts to $2.714 gallon in the 
profiled week and were 14.5cts lower than the previous year.
Midwest (PADD 2) prices tumbled 8.5cts to $2.605 gallon, standing 33cts below 
the same period the previous year.
Prices for the same product in the Gulf Coast (PADD 3) fell 4.9cts to $2.443 
gallon, standing 20.4cts lower than last year.
Rocky Mountain (PADD 4) gasoline declined by 5.5cts to $2.492 gallon in the 
reference week, standing 39.5cts lower year-on-year.
West Coast (PADD 5) gasoline prices slid 8.3cts to $3.768 gallon, but stood 
0.7cts lower than the corresponding week of the previous year.
Gasoline prices at West Coast less California decreased 7.9cts to $3.422 gallon 
in the reference week, while standing 0.5cts lower year-on-year.




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