Gas Price Edges Up to $3.549 per Gallon

Americans are paying slightly more at the gas pump this week, according to an Energy Information Administration report released Monday. 

The national average price for regular gasoline clocked in at $3.549 per gallon Monday, down $0.002 from a week ago and $0.131 below the same time last year. Gulf Coast prices gained the most ($0.036), while Midwest prices dropped $0.023 for the only regional decrease. 

While gas prices increased, diesel prices took a dip, decreasing $0.015 over the past week to $3.988 per gallon. This latest price tag puts diesel just $0.018 per gallon below the same time last year. While all regions saw diesel prices drop this week, the East Coast got the biggest diesel discount ($0.023). Gulf Coast prices dropped the least ($0.003). 

At these latest prices, the West Coast pays the prettiest penny for gasoline ($3.823) while the East Coast has the most expensive diesel ($4.115). On the other end of the price range, the Gulf Coast can guzzle gas for just $3.319 and diesel for $3.80 per gallon. 


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Justin Loiseau

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

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