Gasoline Prices Dip Slightly; Diesel Increases $0.05 Per Gallon

Americans are paying less at the gas pump this week, according to an Energy Information Administration report released today.

The national average price for regular gasoline clocked in at $3.292 per gallon today, down $0.003 from a week ago and $0.246 below the same time last year. East Coast prices fell the most ($0.019), while Midwest prices recorded the nation's only increase, with prices up $0.014 per gallon. 


While gas prices dipped slightly, diesel prices headed higher, with a $0.047 gain over the past week to $3.951 per gallon. Despite the price hike, this latest price tag still puts diesel $0.071 per gallon cheaper the same time last year. Whereas East Coast gasoline prices fell the most this past week, the region's diesel prices headed highest ($0.074). In the Rocky Mountains, diesel prices made the only dip, down a slight $0.003 per gallon. 


At these latest prices, the West Coast pays the prettiest penny for gasoline ($3.492), while the East Coast doles out the most for diesel ($4.070). The Gulf Coast can guzzle gas for just $3.083 and diesel for $3.775 per gallon. 

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  • Report this Comment On February 05, 2014, at 2:25 PM, simul8guy wrote:

    Diesel fuel prices in New Hampshire have spiked like crazy in the past three weeks. On January 15th I filled up for $3.79/gallon. Current price is $4.29!!! 50 cents a gallon increase in 3 weeks is ridiculous while at the same time regular unleaded has slowly decreased to $3.29/gallon. I can't remember when I've seen a difference of $1/gallon between regular unleaded and diesel. I haven't heard even a peep about this diesel price in the media...

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Energy and Macroeconomic Specialist keeping investors up to date with macro news, utilities, and good companies doing good things.

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