Weekly data, not seasonally adjusted
Gasoline prices are an important cost component of highway transportation. Changes in gasoline prices affect the demand for highway transportation, especially as can be seen in vehicle-miles traveled. In the United States, motor gasoline prices follow world crude oil prices more closely than motor diesel prices.
|Retail Gasoline Prices (Regular Grade)||8-Aug-11||15-Aug-11|
|Average regular grade, all formulations (Current dollars per gallon, including all taxes)||3.67||3.60|
|Percent change from previous week||-1.0||-1.9|
SOURCE: U.S. Department of Energy, Energy Information Administration, Weekly Retail Gasoline Prices, available at http://eia.doe.gov/ as of August 2011.