17 September 2015

• U.S. Average Retail Gasoline Prices — 14 September 2015


Regular Gasoline: The U.S. average retail price for regular gasoline decreased six cents from the previous week to $2.38 per gallon as of September 14, 2015, $1.03 per gallon lower than at the same time last year. The West Coast price fell 10 cents to $2.99 per gallon. The Midwest price decreased seven cents to $2.28 per gallon. The East Coast, Gulf Coast, and Rocky Mountain prices each declined five cents, to $2.26 per gallon, $2.09 per gallon, and $2.68 per gallon, respectively.

Future Estimates: In August, U.S. retail regular gasoline prices averaged $2.64/gal. EIA expects monthly average prices to decline in the coming months as refineries continue to produce high levels of gasoline, as demand begins to decrease following the peak in the summer driving season, and as the market transitions to lower-cost winter-grade gasoline. EIA projects regular gasoline retail prices to average $2.11/gal in the fourth quarter of 2015. The U.S. regular gasoline retail price, which averaged $3.36/gal in 2014, is projected to average $2.41/gal in 2015 and $2.38/gal in 2016.

Please visit this link to read the full report: USEnergyInformationAdministration

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2015 Connecticut Human Resource Reports, LLC

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