U.S. Average Fuel Prices On the Rise

  • U.S. Average Fuel Prices On the Rise

    According to the “This Week in Petroleum” report from June 23, 2010, the US Energy Information Administration reported that for the first time in six weeks, the U.S. average price for regular gasoline increased, moving up four cents to settle at $2.74 per gallon, 5 cents higher than last year. Although prices went up in all regions of the country, the range of change was considerable, from less than a half cent in the Rocky Mountains to seven cents in the Midwest. The average on the East Coast increased three cents to $2.69 per gallon, while the Midwest price jumped seven cents to $2.71 per gallon. Despite an increase of two cents, the average on the Gulf Coast remained the lowest of any region at $2.60 per gallon. Increasing less than a half cent, the average in the Rocky Mountains was essentially unchanged at $2.77 per gallon. The West Coast average climbed four cents to $3.03 per gallon, while the price in California moved up nearly a nickel to $3.10 per gallon.

    The national average price for diesel fuel rose for the first time since May 10, 2010, climbing three cents to $2.96 per gallon, $0.35 above the price a year ago.

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