New York (Platts)--22Jan2013/532 pm EST/2232 GMT

The average US retail price for regular grade gasoline rose 1.2 cents to $3.315/gal in the survey week that ended Monday, the Energy Information Administration said Tuesday.

That puts the national average price 7.4 cents below that of the corresponding week a year ago, EIA data showed.

The weekly price data is normally released on a Monday, but the survey results were delayed a day by the observance of the Martin Luther King Jr. holiday.

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The biggest changes across the regions in the most recent weekly survey came in the Midwest, where the average surged 6.8 cents to $3.224/gal, and on the East Coast, where that average dropped 2.7 cents to $3.420/gal.

The Gulf Coast average dipped 1.3 cents to $3.152/gal. The Rocky Mountain average rose 1.3 cents to $2.880/gal and the West Coast average rose 1.2 cents to $3.503/gal.

EIA publishes average US retail prices for all three grades of gasoline. The data is collected by telephone from a sample of 800 retail gasoline outlets. The reported price includes all taxes and is the pump price a consumer paid as of 8 a.m. EST (1300 GMT) Monday.

--Katharine Fraser, katharine_fraser@platts.com
--Edited by Keiron Greenhalgh, keiron_greenhalgh@platts.com

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