Fourth of July Weekend Fuel Prices Highest Since 2008

By Jesse Sokolow on 7 July 2014
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DSC_0931This past Fourth of July weekend, drivers across the country found themselves paying more for fuel than they have in the past six years over the holiday weekend.

Nationwide, the average price for a gallon of gasoline was $3.704, a $0.208 rise over last year’s cost, according to the U.S. Energy Information Administration.  Meanwhile, the average price for a gallon of diesel in the United States was $3.913, an increase of $0.085 from the same time last year.

The Midwest region saw the greatest rise in gasoline prices, with a $0.277 increase to $3.671.  This was closely followed by the Central Atlantic area of the East Coast, which experienced a $0.234 increase in gasoline price, while the East Coast region as a whole saw a rise of $0.215 for a gallon of gasoline.  Meanwhile, the West Coast saw prices go up by $0.144. 

The Central Atlantic region saw the greatest increase in diesel prices, with a spike of $0.174 over last year’s costs, putting a gallon of diesel at $4.073.  New England experienced a $0.133 increase, while the cost of a gallon of diesel fuel went up $0.041 in the Midwest.  On the West Coast, diesel prices were up by $0.121, also for a price of $4.073.

(Photo: Accura Media Group)

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