- 26 May
US Energy Information Administration reports largest weekly decrease in fuel prices since July 2009
In the 5/26/2010 edition of “This Week in Petroleum” released by the US Energy Information Administration, the U.S. average price for regular gasoline this week dropped almost 8 cents to $2.79 per gallon. The national average price for diesel fuel fell 7 cents to $3.02 per gallon.
This drop in regular gasoline is the largest weekly decrease since July 13, 2009. The diesel weekly decrease is the largest since December 15, 2008.
Prices for both regular gasoline and diesel fell in all areas of the country; the largest drop occurred in the Midwest and the smallest drop was in the Rocky Mountains. On the East Coast the weekly drop was $.07 for both regular gas and diesel, and in California regular gas dropped $.07 while diesel dropped $.08.
The national average price for regular gasoline is $0.35 higher than last year at this time while diesel is $0.75 higher than last year.