US average retail price of regular gasoline rose 3 cents in week ended March 10 versus previous week, fell 20 cents year-over-year to US$3.51/gallon; average diesel price rose half a cent on week, fell 7 cents year-over-year to US$4.02/gallon: EIA

WASHINGTON , March 12, 2014 (press release) – The U.S. average retail price of regular gasoline increased three cents to $3.51 per gallon as of March 10, 2014, 20 cents less than the same week last year. The Rocky Mountain and West Coast prices both increased by five cents this week, to $3.44 and $3.76 per gallon, respectively. Midwest prices rose by four cents to $3.54 per gallon. The Gulf Coast average price gained three cents to $3.25 per gallon, while prices on the East Coast rose two cents to $3.49 per gallon.

The U.S. average price for diesel fuel was up by half a cent, holding at $4.02 per gallon for a third consecutive week, but down seven cents from the same time last year. The Gulf Coast price increased by two cents to $3.81 per gallon. The Rocky Mountain price also increased by two cents, reaching $4.00 per gallon, a first since the same week last year. The East and West Coast prices were each up by less than half a cent, to remain at $4.16 and $4.04 per gallon, respectively. The Midwest posted the only decline, falling one cent to $4.01 per gallon.

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