Retail Prices For Gasoline Fell Last Week As Summer Driving Season Began

Tuesday, May 29th 2007, 5:08 pm

By: News On 6

NEW YORK (AP) _ Retail prices for gasoline relented a bit last week for Memorial Day drivers, the government reported Tuesday, but on average they remained 34 cents higher than a year ago.

The average retail price for gasoline was $3.209 a gallon last week, down from $3.218 a gallon the previous week, the Energy Information Administration said.

The Gulf Coast and the West Coast saw the largest drops. Prices in the Gulf Coast dipped 2.5 cents to $3.067 a gallon, while gas on the West Coast slipped 2.3 cents to $3.349 a gallon.

Gas costs the most on the West Coast, but drivers there can take solace that their increase since last year is the lowest anywhere _ 14.4 cents.

The Midwest, which has the second-highest gas prices in the country at $3.320, suffered the largest price gain from the prior year: 56 cents