Based on EIA’s weekly survey of gasoline prices, the U.S. average retail price for regular gasoline fell to $1.996 per gallon (gal) on January 11, falling below $2.00/gal for the first time since March 23, 2009. The U.S. average retail…

Month: January 2015
U.S. gasoline prices in 2015 were lowest since 2009
U.S. regular retail gasoline prices averaged $2.43 per gallon (gal) in 2015, 93 cents/gal (28%) less than in 2014 and the lowest annual average price since 2009. Lower crude oil prices in 2015 were the main cause for lower gasoline…