Fuel prices remain relatively flat

Fuel prices remain relatively flat

After a one-week hiatus due to the federal government shutdown, the Energy Information Administration (EIA) restarted collecting and reporting average retail pump prices for diesel and gasoline this week – finding that prices for both fuels remained relatively flat between the weeks of October 14 and October 21.

The average retail pump price for diesel remained unchanged at $3.886 per gallon this week, noted EIA, which is 23 cents per gallon lower compared to the same week in 2012.

Pump prices were up in five regions of the country, down in four of them, and remained flat in New England ($4.032 per gallon), which is one of three regions where diesel exceeds the $4 per gallon mark, the other two being California ($4.129 per gallon) and the West Coast when including California’s prices ($4.49).

Average retail pump prices for gasoline in the U.S. inched up 6/10ths of a penny to $3.36 per gallon, according to EIA’s data, which is 32.7 cents lower per gallon compared to the same week in 2012. The agency noted gasoline prices increased in four regions of the country but declined in five of them as well. 

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