US regular retail gasoline price falls 6.6 cents to $3.542/gal: EIA
New York (Platts)--15Apr2013/553 pm EDT/2153 GMT
The average US retail price for regular grade gasoline dropped 6.6 cents
to $3.542/gal in the survey week ending Monday, the Energy Information
Administration said.
With that decline, the national average is 3.8 cents lower than that of
the corresponding survey week a year ago.
Retail gasoline prices fell in all regions of the country over the
latest survey week, with the largest decline seen in the Midwest, where
the average dropped 9.7 cents to $3.456/gal. The second-biggest drop
among regions was a 7.1-cent decline to $3.363/gal in the Gulf Coast
average.
The East Coast average fell 6.6 cents to $3.542/gal and the West Coast
average dipped 4 cents to $3.888/gal. The Rocky Mountain average slipped
1.6 cents to $3.507/gal.
EIA on 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 a consumer paid as of 8 a.m. EDT (1200 GMT) Monday.
--Katharine Fraser,
katharine_fraser@platts.com --Edited by Richard Rubin,
richard_rubin@platts.com
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