US average retail price of regular gasoline falls 3 cents in week ended Dec. 16 from previous week, 2 cents from a year ago to US$3.24/gallon; average diesel price falls 1 cent on week, 7 cents from a year ago to US$3.87/gallon: EIA

WASHINGTON , December 18, 2013 (press release) – The U.S. average retail price of regular gasoline decreased three cents to $3.24 per gallon as of December 16, 2013, two cents lower than last year at this time. Prices decreased in all regions of the nation, with the largest decrease coming on the Gulf Coast, where the price was down six cents to $3.05 per gallon. The Midwest price dropped five cents to $3.08 per gallon, and the Rocky Mountain price was $3.06 per gallon, two cents less than last week. The East and West Coast prices both fell a penny, to $3.37 per gallon and $3.47 per gallon, respectively.

The national average diesel fuel price decreased one cent to $3.87 per gallon, seven cents lower than last year at this time. Prices increased less than one cent on the East Coast and in the Rocky Mountains, to $3.92 per gallon and $3.85 per gallon, respectively, while decreasing in the rest of the nation. The Midwest price declined two cents to $3.85 per gallon. The Gulf and West Coast prices were $3.77 per gallon and $3.98 per gallon, respectively, both down a penny.

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