U.S. Average Retail Gasoline Price Falls 5 Cents

WASHINGTON D.C. -- The U.S. average retail price for regular gasoline fell this week by 4.9 cents from the previous week to 218.6 cents per gallon as of May 9. That's 24.5 cents higher than this time last year, according to the Energy Department's Energy Information Administration.

This is the fourth week in a row that prices have decreased. Prices were down throughout the country, with the Midwest seeing the largest regional decrease of 8.1 cents to reach 207.5 cents per gallon. East Coast prices fell by 3.1 cents to 218.0 cents per gallon, while West Coast prices fell 3.6 cents to 247.7 cents per gallon. California prices saw a decrease of 4.4 cents to 251.6 cents per gallon, which is 29.3 cents higher than this time last year

Comment On This Story

Comment: (Max. 10000 characters)  
Please leave blank:
* Please note that every comment is moderated.

Newsletter: Sign up to receive latest news, articles, and much more.

Read the latest

Auto Focus Blog: A blog covering fleets, auto rental and the business of cars

Why Do We Visit Capitol Hill?

Members of the American Car Rental Association met with U.S. senators, representatives, and their aides last week. Here’s why bringing the message to this forum matters.

The Customer Isn’t Always Right

Not caving to a customer with a blatant agenda may have consequences, especially for a small rental company that relies on stellar Yelp ratings to advertise. But business integrity must prevail.

The Truth Behind Compact Van Depreciation

Why are large van values holding up better than their compact counterparts, and will it last?

Job Finder: Access Top Talent. Fill Key Positions.