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Pump Prices Dip to $3.674

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

The national average price for regular gasoline clocked in at $3.674 per gallon Monday, down $0.016 from a week ago but $0.019 above the same time last year. Regionally, gas prices fell everywhere expect the Rocky Mountain region, where residents saw a slight $0.003 rise. The Gulf Coast enjoyed the deepest dip, with prices down $0.022 per gallon over the last week. 


Diesel prices followed gasoline's lead, dropping $0.026 per gallon over the past week to $3.892. This latest price tag puts diesel $0.043 per gallon above the same time last year. East Coast prices dropped the most (-$0.030), while Gulf Coast prices edged down just $0.014. 


At these latest prices, the West Coast pays the prettiest penny for gasoline ($3.995) and diesel (also $3.995), while the Gulf Coast can guzzle gas for just $3.418 and diesel for $3.769 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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