Gas Price Up Nearly $0.13 From a Year Ago

Americans are paying 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 $3.704 per gallon on Monday, up $0.018 from a week ago and $0.127 above the same time last year. While Rocky Mountain prices jumped an unusually large $0.076 over the last week, Midwesterners enjoyed a $0.021 week-to-week decline -- the only drop. 


Diesel prices also increased nationwide, rising $0.037 per gallon over the past week to $3.919. This latest price tag puts diesel $0.081 per gallon above the same time last year. West Coast prices went up the most ($0.059), while the Rocky Mountain region notched only a $0.021 bump. 


At these latest prices, the West Coast pays the prettiest penny for gasoline ($4.011) and diesel ($4.053), while the Gulf Coast can guzzle gas for just $3.494 and diesel for $3.813 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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