US Retail Gasoline Average Backs Off over 6-rs High
6/22 8:38 AM
US Retail Gasoline Average Backs Off over 6-1/2yrs High
OAKHURST, N.J. (DTN) -- The U.S. retail regular gasoline average eased off a
level not seen since late October 2014, slipping for the first time in four
weeks as of Monday (6/21) to $3.06 gallon, down 0.9cts, according to Energy
Information Administration data.
EIA data show the price is 93.1cts more than the corresponding week in 2020.
The majority of major PADDs registered week-on-week declines, ranging from a
0.3cts dip at the East Coast to $2.960 gallon to a decline of 2.8cts at the
Gulf Coast PADD 3 to $2.726 gallon.
The agency reports the regular retail gasoline price at the West Coast PADD
5 added 0.8cts to $3.764 gallon, the highest price since the first week of
September 2013, while the Rocky Mountain PADD 4 price point jumped 5.2cts to
$3.268 gallon, the highest price since the week ended Oct. 13, 2014 when it was
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