US avg. retail gasoline price falls to $1.542/gal


WASHINGTON, Oct 27 (Reuters) - Americans saw retail gasoline prices fall by an average 2.9 cents to $1.542 per gallon, the eighth decline in the past nine weeks, the U.S. government said on Monday. A weekly survey of service stations by the Energy Information Administration showed the average pump price remained 9.8 cents a gallon higher than one year ago. The average U.S. pump price was the highest on the West Coast where prices fell 2.8 cents to an average of $1.702 per gallon, the EIA ...

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