U.S. gasoline prices end 2014 at lowest levels since mid-May 2009

Gasoline prices in the United States at the end of 2014 were at their lowest levels since mid-May 2009, according to the U.S. Energy Information Administration’s (EIA) brief, “Today in Energy,” released on Jan. 7.

“Across the country, retail prices for regular grade gasoline reached the lowest levels in four years primarily as a result of falling crude prices in the second half of 2014,” the EIA said. ”As of December 12, the weekly retail price for regular gasoline in each city for which EIA collects data was below $3.00 per gallon (gal) for the first time since February 2010.”

Gasoline prices by region

In addition, each city recorded its lowest 2014 gasoline price on the last Monday of the year, according to the agency.

The full brief is available here.  

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Graphic provided by the U.S. Energy Information Administration
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