Gasoline Prices Fall 8.6 Cents in State
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Pump prices in California continued their slide last week, falling 8.6 cents to a statewide average of $2.049 for a gallon of regular, a federal survey said.
Including the latest drop, gasoline prices in the state have fallen 35.3 cents since hitting a record statewide average of $2.402 a gallon Oct. 18, according to the weekly fuel price report by the Energy Information Administration, an arm of the Energy Department.
California’s latest retail average remains more than 23 cents above nationwide levels and more than 43 cents a gallon higher than the state’s year-ago average, the figures show. Diesel prices fell 5.1 cents to a statewide average of $2.087 a gallon, according to the survey.
Nationwide, the cost of regular dipped 3.2 cents to an average of $1.815 a gallon.
-- Elizabeth Douglass
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