Pump Prices Down $0.07 This Week

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Pump prices are down this week, according to an Energy Information Administration report (link opens a PDF) released today.

Retail regular gasoline prices clocked in at a national average of $3.294 per gallon for Oct. 28, $0.066 below last week's price tag. Midwest prices dropped the most ($0.116), while East Coast prices fell just $0.035.

Compared with a year ago, pump prices are down $0.274. 

Source: EIA.gov. 

For the same period, average retail diesel prices fell $0.016 for a national average of $3.870 per gallon. On a regional basis, Gulf Coast prices made the deepest $0.017 decrease, while Rocky Mountain prices dipped just $0.010.

Over the past year, diesel prices have dropped $0.160. 

Source: EIA.gov 

At these latest prices, the West Coast pays the prettiest penny for gasoline ($3.609) and diesel ($4.036). On the other end, the Gulf Coast can guzzle gas for just $3.072 and diesel for $3.783 per gallon.

The article Pump Prices Down $0.07 This Week originally appeared on Fool.com.

Follow Fool contributor Justin Loiseau on Twitter, @TMFJLo, and on Motley Fool CAPS, @TMFJLo. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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