Gasoline prices in the Gulf Coast region have seen a consecutive two-week increase, reaching an average of $2.75 per gallon for regular fuel on Monday. This marks a rise from the previous week’s average of $2.69 per gallon, as reported by the U.S. Energy Information Administration (EIA).
Over the past month, the average fuel price in the Gulf Coast region has experienced a growth of approximately 10 cents. The EIA notes that gas prices in the region have fluctuated over the past year, ranging from a low of $2.55 to a high of $3.46, according to the USA Today Network.
Comparing the current prices to a year ago, there has been a notable decrease, with the average gas price in the Gulf Coast region being 12% higher at $3.13 per gallon. The evolving trends in gas prices are closely monitored, and the full details of this ongoing situation can be explored in the complete story.