Please ensure Javascript is enabled for purposes of website accessibility

Gasoline Prices Dip Slightly; Diesel Increases $0.05 Per Gallon

By Justin Loiseau – Feb 3, 2014 at 6:43PM

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

East Coast diesel is the most expensive in the nation.

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. 

Source: eia.gov. 

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. 

Source: eia.gov 

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. 

We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Invest Smarter with The Motley Fool

Join Over 1 Million Premium Members Receiving…

  • New Stock Picks Each Month
  • Detailed Analysis of Companies
  • Model Portfolios
  • Live Streaming During Market Hours
  • And Much More
Get Started Now

Related Articles

Motley Fool Returns

Motley Fool Stock Advisor

Market-beating stocks from our award-winning analyst team.

Stock Advisor Returns
349%
 
S&P 500 Returns
115%

Calculated by average return of all stock recommendations since inception of the Stock Advisor service in February of 2002. Returns as of 11/30/2022.

Discounted offers are only available to new members. Stock Advisor list price is $199 per year.

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.