Gas Prices Up for the Fifth Week in a Row
WASHINGTON -- Retail gasoline prices rose again this past week, according to the Energy Information Administration, with a national average price of nearly $2.23 per gallon for regular gasoline as of July 4, 2005.
The U.S. average retail price for regular gasoline increased this week by 1.1 cents from the previous week to $2.226 per gallon as of July 4 -- 33.1 cents higher than this time last year. This is the fifth week in a row that prices have increased.
Prices were up throughout most of the country, with the West Coast seeing the largest regional increase of 3.8 cents to reach $2.411 per gallon. East Coast prices rose by 1.5 cents to $2.214 cents per gallon. California prices, the highest in the nation, increased 4.5 cents to $2.457 cents per gallon, which is 25.3 cents higher than this time last year. The Midwest saw the only regional decrease of 0.7 cent to $2.194 cents per gallon.
Retail diesel fuel prices were up 1.2 cents last week to $2.348 cents per gallon, reaching another nominal all-time high. Prices were up regionally throughout the country, with the Rocky Mountains seeing the largest regional increase of 4.0 cents to $2.328 cents per gallon. California prices, the highest in the nation, rose by 3.2 cents to $2.554 cents per gallon, which is 47.8 cents higher than this time last year.
The U.S. average retail price for regular gasoline increased this week by 1.1 cents from the previous week to $2.226 per gallon as of July 4 -- 33.1 cents higher than this time last year. This is the fifth week in a row that prices have increased.
Prices were up throughout most of the country, with the West Coast seeing the largest regional increase of 3.8 cents to reach $2.411 per gallon. East Coast prices rose by 1.5 cents to $2.214 cents per gallon. California prices, the highest in the nation, increased 4.5 cents to $2.457 cents per gallon, which is 25.3 cents higher than this time last year. The Midwest saw the only regional decrease of 0.7 cent to $2.194 cents per gallon.
Retail diesel fuel prices were up 1.2 cents last week to $2.348 cents per gallon, reaching another nominal all-time high. Prices were up regionally throughout the country, with the Rocky Mountains seeing the largest regional increase of 4.0 cents to $2.328 cents per gallon. California prices, the highest in the nation, rose by 3.2 cents to $2.554 cents per gallon, which is 47.8 cents higher than this time last year.