U.S. Average Regular Gasoline Price Fell Yesterday

The national unleaded average gasoline price fell to $3.426 per gallon yesterday, according to AAA.

======================================================================
               Regular      Mid  Premium   Diesel       85  85 Adj.
======================================================================
Yesterday       $3.426   $3.569   $3.702   $3.893   $3.082   $4.056
Two Days Ago    $3.432   $3.576   $3.708   $3.889   $3.078   $4.050
Week Ago        $3.444   $3.581   $3.713   $3.859   $3.082   $4.056
Month Ago       $3.408   $3.554   $3.687   $3.816   $3.058   $4.024
Year Ago        $2.799   $2.972   $3.079   $3.091   $2.434   $3.202
======================================================================
Note: The AAA Fuel price is derived from credit card transactions at over
85,000 self-serve gasoline stations that are surveyed each business day.

The BTU-adjusted price of E-85 is the nationwide average price of E-85 adjusted 
to reflect the lower energy content as expressed in British Thermal Units - or
miles per gallon - available in a gallon of E-85 as compared to the same volume
of conventional gasoline. The BTU-adjusted price calculated by OPIS and AAA is
not an actual retail average price paid by consumers. It is calculated as 
part of AAA’s Fuel Gauge Report because according to the Energy Information 
Administration E-85 delivers approximately 25 percent fewer BTUs by volume than
conventional gasoline. Because "flexible fuel" vehicles can operate on 
conventional fuel and E-85,the BTU-adjusted price of E-85 is essential to 
understanding the cost implications of each fuel choice for consumers.

The highest recorded price of regular at $4.114 occurred on July 17, 2008.
The highest recorded price of diesel at $4.845 occurred on July 17, 2008.

SOURCE: AAA www.aaa.com

To contact the reporter on this story: Kristy Scheuble in Washington at kmckeaney@bloomberg.net

To contact the editor responsible for this story: Marco Babic at mbabic@bloomberg.net

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