Pump Prices Down Again for 2014

Pump prices are down slightly for the second straight week in 2014, according to an Energy Information Administration report (link opens a PDF) released today.

Retail regular gasoline prices clocked in at a national average of $3.327 per gallon for Jan. 13, $0.005 below last week's price tag. East Coast prices dropped the most ($0.028), while the Midwest saw a $0.031 increase in gas prices.

Compared with a year ago, pump prices are up $0.024. 

Source: EIA.gov. 

For the same period, average retail diesel prices dropped $0.024 for a national average of $3.886 per gallon. On a regional basis, West Coast prices made the deepest $0.038 dip, while East Coast prices fell just $0.010.

Over the past year, diesel prices have dropped $0.008. 

Source: EIA.gov 

At these latest prices, the West Coast pays the prettiest penny for gasoline ($3.526) and diesel ($3.996). At the other end, the Gulf Coast can guzzle gas for just $3.108 and diesel for $3.780 per gallon.

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