U.S. Gasoline Prices Fell This Week, Yet Remain Far Above Last Year
U.S. regular gasoline prices fell 2.3 cents to $4.331 per gallon last week while on-highway diesel dropped 2 cents to $6.179, but both remain well above year-earlier levels. The EIA report shows modest supply relief amid lingering Middle East constraints, with Colorado up sharply. This mixed movement affects household fuel budgets and business costs without reversing the elevated year-over-year burden.
THE NUMBERS BEHIND THE STORY
U.S. regular gasoline prices fell 2.3 cents to $4.331 per gallon last week while on-highway diesel dropped 2 cents to $6.179, but both remain well above year-earlier levels. The EIA report shows modest supply relief amid lingering Middle East constraints, with Colorado up sharply. This mixed movement affects household fuel budgets and business costs without reversing the elevated year-over-year burden.
Could this lower U.S. fuel bills soon? No. The weekly decline is real, but prices remain $1.27 per gallon and $2.51 per gallon higher than a year ago, and pass-through to pump prices stays uncertain.
