EIA: US Retail Regular Gasoline Average Drops 2.7cts on We
10/22 7:22 AM
EIA: US Retail Regular Gasoline Average Drops 2.7cts on Week OAKHURST, N.J. (DTN) --- The national average for retail regular gasoline dropped 2.7cts to $3.144 gallon as of Monday (10/21), 38.9cts lower than the same week in 2023, according to the latest data from the Energy Information Administration. Prices were lower across most of the major PADDs, with the exception of the East Coast PADD 1 which posted the only week-on-week increase. At $3.054 gallon, the PADD 1 price climbed 1.2cts to a five-week high. At the Midwest PADD 2, the average for retail regular gasoline tumbled 9.4cts to a five-week low $3.006 gallon while the Gulf Coast PADD 3 price fell 1.5cts to $2.720 gallon. EIA reports the Rocky Mountain PADD 4 price dropped 3.7cts to $3.221 gallon, the lowest price since the week-ended March 18 while the West Coast PADD 5 eased 1.3cts to $4.034 gallon. (c) Copyright 2024 DTN, LLC. All rights reserved.