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EIA: US Retail Gasoline Price Up 1.4cts at $1.974 Gallon
6/02 8:36 AM
EIA: US Retail Gasoline Price Up 1.4cts at $1.974 Gallon CANYON LAKE, Texas (DTN) -- Energy Information Administration data shows the average retail price of regular grade gasoline in the United States increased for the fifth consecutive week, rising 1.4cts in the week ended Monday to $1.974 gallon. At $1.974 gallon, the average retail price of regular grade gasoline in the United States is down 83.3cts from the same time in 2019, EIA data shows. Retail gasoline prices rose in all major regions of the United Stated during the week with the largest increase in the Rocky Mountain PADD 4 region where the price point jumped 10.2cts to $2.093 gallon, which is down 85.3cts from the same time last year. In East Coast PADD 1 states the retail average was at $1.913 gallon on Monday, up 0.7cts from the week prior but down 75.1cts from a year ago. In New England PADD 1A states the price of regular grade gasoline edged 0.3cts higher in the week at $1.940 gallon while in Central Atlantic PADD 1B states the price point rose 1.4cts during the week to $2.096 gallon. Motorists in the Lower Atlantic PADD 1C states saw the retail average move 0.3cts higher to $1.790 gallon. In Midwest PADD 3 states the average retail price of regular grade gasoline rose 0.8cts during the week to $1.893 gallon, which is down 85.3cts from the same time last year, EIA data shows. In West Coast PADD 5 the average price of regular grade gasoline on Monday was at $2.578 gallon, up 2.6cts from the week prior but down $1.018 from the same time in 2019. In the Pacific Northwest the average price of regular grade gasoline rose 2cts in the week to $2.216 gallon, which is down 99.5cts year over year. In Gulf Coast PADD 3 states the price point increased 2.1cts during the week at $1.619 gallon, down 80.5cts from the same time in 2019. (c) Copyright 2020 DTN, LLC. All rights reserved.