Diesel prices slip 1.7 cents Thinkstock

Diesel prices slip 1.7 cents

After rising 2 cents last week to end a summer-long slide, diesel prices now have declined—slightly—in every region of the country.

The average U.S. retail pump price for diesel was down 1.7 cents in the Sept. 14 report by the Energy Information Administration (EIA), to $2.517 per gallon. That’s still running at fuel price levels last seen in 2009 and it’s about $1.29 per gallon cheaper than this time last year.

The largest decline was on the Gulf Coast, which was down a modest 2.3 cents to $2.362, the lowest price for a gallon of diesel in the nation.

The Central and Lower Atlantic regions saw the only other declines of 2 cents of more, down 2.2 cents to $2.694 and 2.1 cents to $2.468, respectively.

On the West Coast, not including California, diesel prices fell 1.9 cents to $2.571. In California, which has the highest price in the contiguous 48 states at $2.863 per gallon, the price slipped 0.9 cents.

The price was down 1.2 cents in the Midwest, coming in at $2.471. The Rocky Mountain region posted a 1.3 cent drop, to $2.554.

TAGS: Fuel News
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