Gasoline Pump Prices Drop Again

Pump prices are down again 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 $3.265 per gallon for Nov. 4, $0.029 below last week's price tag. Rocky Mountain prices dropped the most ($0.061), while the Midwest saw prices fall by just one penny.

Compared with a year ago, pump prices are down $0.227. 


Source: EIA.gov. 

For the same period, average retail diesel prices fell a slightly smaller $0.013 for a national average of $3.857 per gallon. On a regional basis, West Coast prices made the deepest dip at $0.021, while Rocky Mountain prices barely budged, down just $0.008 per gallon.

Over the ast year, diesel prices have fallen $0.153. 

Source: EIA.gov 

At these latest prices, the West Coast pays the prettiest penny for gasoline ($3.564) and diesel ($4.015). At the other end, the Gulf Coast can guzzle gas for just $3.03 and diesel for $3.769 per gallon.

The article Gasoline Pump Prices Drop Again originally appeared on Fool.com.

Follow Fool contributor Justin Loiseauon Twitter, @TMFJLo, and on Motley Fool CAPS, @TMFJLo.The Motley Fool has no position in any of the stocks mentioned. 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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