US regular retail gasoline jumps 4.9 cents to
$2.751/gal: EIA
Houston (Platts)--8Mar2010/631 pm EST/2331 GMT
The national average price in the US for regular retail gasoline
rose 4.9 cents the survey week ending Monday to $2.751/gal, the Energy
Information Administration said.
That's 81 cents higher than the corresponding week a year ago,
according to EIA data.
The Midwest average rose the most, by 5.5 cents to $2.695/gal.
The West Coast retained the highest regional average, $2.984/gal, with a
4.7 cents hike. The Rocky Mountain average jumped 5.4 cents to
$2.685/gal, the Gulf Coast average increased 5.1 cents to $2.647/gal,
and the East Coast average increased 4.3 cents to $2.740/gal. EIA each
Monday publishes average US retail prices for all three grades of
gasoline. The data is collected by telephone from a sample of 800 retail
gasoline outlets. The reported price includes all taxes and is the pump
price paid by a consumer as of 8 am Monday.
EIA each Monday also conducts a survey of retail on-highway
diesel prices by telephone and fax from a sample of about 350 truck
stops and service stations around the country. The results are compiled
into a US average price and average prices for eight regions of the
country and California.
The national average for on-highway diesel rose 4.3 cents to
$2.904/gal. That's 85.9 cents higher than a year ago.
By region, the largest increase, 5.4 cents, came on the Gulf
Coast, where the average was $2.873/gal. The West Coast average rose 4.7
cents to $3.003/gal, the Midwest average increased 4.6 cents to
$2.871/gal, the Rocky Mountain average rose 3.9 cents to $2.890/gal, and
the East Coast increased 3 cents to $2.932/gal.
--Katharine Fraser, katharine_fraser@platts.com
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