Author: Christy Grimes

During the last week, prices rose only within the Rocky Mountain region. The Gulf Coast saw the best drop in prices, sinking 8 cents.Photo: EIA/Automotive Fleet To kick off August, prices on the pump are down in a lot of the country. The national average price of gasoline dropped 4 cents within the last week to $3.44, based on the U.S. Energy Information Administration (EIA). Prices year-over-year are down 38 cents. This week’s drop is the byproduct of a jobs report, a GasBuddy analyst believes. “With oil prices plummeting attributable to recent concerns over the U.S. economy after a poor jobs report, gasoline…