US average retail price of regular gasoline falls 7 cents in week ended Sept. 30 from previous week, 38 cents from a year ago to US$3.43/gallon; average diesel price falls 3 cents from previous week, 16 cents from a year ago to US$3.92/gallon: EIA

WASHINGTON , October 2, 2013 (press release) – The U.S. average retail price of regular gasoline decreased seven cents to $3.43 per gallon as of September 30, 2013, 38 cents lower than last year at this time, and the lowest price since January 28, 2013. Prices were down in all regions of the nation, with the largest decrease coming in the Midwest, where the price lost 11 cents to $3.35 per gallon. The Gulf and West Coast prices were $3.18 per gallon and $3.80 per gallon, respectively, down six cents from last week. On the East Coast, the price was $3.41 per gallon, five cents less than last week, and the Rocky Mountain price was four cents lower at $3.55 per gallon.

The national average diesel fuel price decreased three cents for a second consecutive week, to $3.92 per gallon, 16 cents lower than last year at this time. Prices decreased in all regions of the nation, with both the Midwest and West Coast prices dropping four cents, to $3.89 per gallon and $4.08 per gallon, respectively. On the East and Gulf Coasts, the price was $3.93 per gallon and $3.83 per gallon, respectively, both three cents lower than last week, and the Rocky Mountain price fell two cents to $3.93 per gallon.

* All content is copyrighted by Industry Intelligence, or the original respective author or source. You may not recirculate, redistrubte or publish the analysis and presentation included in the service without Industry Intelligence's prior written consent. Please review our terms of use.