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

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