Weekly Fuels Report

October 2, 2012 04:34 AM

Gasoline prices were slightly lower last week in all areas of the country with the exception of California. November crude oil futures have been trending higher week-over-week (W-o-W) finding resistance this morning at 92.41, currently moving sideways on the day at 92.27.

U.S. average price for a gallon of regular gasoline eased $0.022 in the week ended September 28 bringing the national average down to $3.804.

East Coast gasoline lower $0.027 to $3.801; Midwest $0.029 lower to $3.784; Rocky Mountain region softer $0.009 to $3.765.

The biggest movement came on the Gulf Coast which fell $0.045 to $3.555.

The West Coast region also posted declining gasoline prices when figured separately from California. West Coast (minus California) down a meager $0.001 to $3.917. With the inclusion of California, West Coast prices were up $0.016 making this the only region where gas prices increased W-o-W.

California gasoline up $0.025 to $4.176.

Highway Diesel prices were all up over same time last year but softened over the previous  week - national average price down $0.007 W-o-W to $4.079.

Gulf Coast diesel registered the only uptick of the week - $0.004 higher to $3.999.

East Coast diesel down $0.011 to $4.081; Midwest $0.004 lower to $4.013; Rocky Mountain region eased $0.023 to $4.205; West Coast also lower $0.022 to $4.301.

Even California highway diesel was down - $0.010 lower to $4.376.


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