MOSCOW (Reuters) - The average price paid for gasoline of drivers has fallen to $ 2.46 per gallon, its lowest level in eight weeks, the Department of Energy said Monday.
The national price for regular unleaded gasoline fell 6.5 cents over the past week and dropped to $ 1.60 a year ago, the Department of Energy Information Administration said in its weekly survey of filling stations.
The latest pump price reflects a reduction in the cost of crude oil, which constitute more than half the cost of making gasoline.
In its weekly price survey EIA found on the west coast was the most expensive gasoline at $ 2.77 per gallon, compared with 5 cents last week. In the city of San Francisco was the highest price at $ 2.87, down 3 cents.
On the Gulf Coast States to the lowest price in the regional $ 2.32 per gallon, down 6 cents. Houston was the cheapest city pump price of $ 2.26, down 6 cents.
The Agency also said gasoline prices were down 8 cents at $ 2.68 in Seattle, down 7 cents at $ 2.59 in Chicago, down 6 cents at $ 2.58 in Miami, down 5 cents at $ 2.56 in New York, down 6 cents at $ 2.46 in Boston and down 10 cents at $ 2.35 in Cleveland.
In addition, the average price for diesel fuel fell 5 cents to $ 2.50 per gallon, compared with $ 2.22 a year ago, EIA said.
In the Central Atlantic states, again the most expensive diesel at $ 2.63 per gallon, up 3 cents. On the Gulf Coast region, the cheapest diesel at $ 2.44, as well as 5 cents.
Copyright 2009 Reuters Limited.
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