CNN/Money One for credit card only hard offer form at $9.95 One for risk-free form at $14.95 w/ $9.95 upsell  
CNNMoney.com
News > Jobs & Economy
graphic
Gas prices ease from previous week
With oil climbing, prices at the pump fall, highlighted by a 2% dip in California.
August 17, 2004: 10:33 AM EDT

NEW YORK (CNN/Money) - While oil prices set record high prices over the last week, gasoline prices fell slightly across the United States, highlighted by a drop of nearly 2 percent in California, a government agency reported.

The price for a regular gallon of unleaded gas fell 0.2 cents to average $1.875 last week, according to the Energy Information Administration (EIA). Last week's drop chipped away at a gain of almost 25 cents compared to a year earlier, the EIA reported Monday.

Prices remained highest on the West Coast, and in particular California, which averaged $2.055 a gallon last week. That was down 3.7 cents from the previous week, but up from 13.5 cents from a year ago.

New England and the Central Atlantic states also reported high prices of $1.92 per gallon, down about a cent from the previous week.

The Midwest and Gulf states were the only regions to report price gains last week, with the Midwest posting a 1.5 cent rise and Gulf states rising 0.2 cents, according to the EIA.

Crude oil prices reached a record of above $46 a barrel last week, and some experts think it's only a matter of time before prices at the pump follow.  Top of page




  More on NEWS
'Godfather of Spam' going to prison
Black Friday on iPhone: There's an app for that
Fed more bullish on recovery
  TODAY'S TOP STORIES
No lending, no recovery
Stocks end choppy day lower
'Godfather of Spam' going to prison




graphic graphic

© 2009 Cable News Network. A Time Warner Company. All Rights Reserved. Terms under which this service is provided to you. Privacy Policy
Copyright © 2009 BigCharts.com Inc. All rights reserved. Please see our Terms of Use.
MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc.
Intraday data provided by Interactive Data Real-Time Services and subject to the Terms of Use.
Intraday data is at least 20-minutes delayed. All times are ET.
Historical, current end-of-day data, and splits data provided by Interactive Data Pricing and Reference Data.
Fundamental data provided by Morningstar, Inc..
SEC Filings data provided by Edgar Online Inc..
Earnings data provided by FactSet CallStreet, LLC.