US regular retail gasoline prices averaged $2.14 per gallon (gal) in
2016, 29 cents/gal (12%) less than in 2015 and the lowest annual average
price since 2004, according to data from the US Energy Information
Administration (EIA) posted on its website on January 6.
Lower crude oil prices in 2015 were the main cause of lower gasoline
prices. In 9 of the 10 cities for which EIA collects weekly retail price
data, gasoline prices did not exceed $3.00/gal.
Each Monday, EIA collects and publishes data on retail gasoline and
diesel fuel prices for multiple locations across the country. Retail
gasoline prices are published for 10 cities, 9 states, 5 regions, and
the United States as a whole. Gasoline prices across the country reflect
differences in gasoline specifications, taxes, and supply and demand
balances in regional markets.
https://www.neweurope.eu/article/us-gasoline-prices-2016-lowest-since-2004/
(New Europe, January 9, 2017)