Retail Gasoline and Diesel Prices Continue to Decrease The U.S. average retail price for regular gasoline for January 8, 2007 decreased 2.8 cents to 230.6 cents per gallon. Prices are now 2.1 cents per gallon lower than at this time last year. East Coast prices fell 2.6 cents to 231.9 cents per gallon. The Midwest saw the largest regional decrease, with prices falling 5.3 cents to 221.0 cents per gallon. Gulf Coast prices were down 2.9 cents to 217.1 cents per gallon, while Rocky Mountain prices fell 1.2 cents to 223.4 cents per gallon. Link ...... I recall several posters here saying before elections that the drop in oil prices was, in effect, just a Republican dirty trick, and that they would begin rising again as soon as voting was complete. A couple of examples: "There will be an event that effects the price of gasoline after the election and it called the "vote". "Doesn't matter. The price of gas will rise after the election."