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Gulf Coast Gas Prices Dip as Lower Atlantic Rises in Latest EIA Weekly Read

Both regions remain slightly cheaper than a year ago.

Overview

  • Gulf Coast motorists paid an average of $2.73 per gallon on Monday, down from $2.76 the prior week, according to the U.S. Energy Information Administration.
  • Lower Atlantic prices averaged $2.95 per gallon, up from $2.91 the week before and marking a second straight weekly increase.
  • The U.S. average stood at $3.19 per gallon last week, up a penny week over week, with the Gulf Coast about 14.4% below that level and the Lower Atlantic about 7.6% lower.
  • Compared with a year earlier, the Gulf Coast average has fallen from $2.80 and the Lower Atlantic from $3.04, leaving both regions roughly 3% lower year over year.
  • Over the past year, prices ranged from $2.56 to $2.84 in the Gulf Coast and from $2.86 to $3.04 in the Lower Atlantic, based on the EIA’s regional series distributed in localized reports by the USA TODAY Network.