Diesel price dips another nickel

Diesel price dips another nickel

Average national retail pump prices for diesel declined 5.3 cents this week to $2.864 per gallon, according to data tracked by the Energy Information Administration (EIA). That’s $1.124 per gallon cheaper compared to the same week in 2014.

Diesel dipped down in every region of the country, with the lowest price to be found on the Gulf Coast at $2.715.

However, five regions remain above the $3-per-gallon mark, EIA noted:

  • The East Coast at $3.207 per gallon, down 5.5 cents from last week;
  • New England at $3.20, down 7 cents;
  • The Central Atlantic at $3.231, down 8 cents (which is the largest drop for diesel prices in the nation this week);
  • The West Coast at $3.001, down 6.3 cents, though that changes to $2.815 and 7.9 cents, respectively, with California removed from the mix;
  • California at $3.152, down 5 cents from last week.

The national average for gasoline inched up 4/10ths of a penny this week to $2.437 per gallon, EIA said, though that is $1.092 per gallon cheaper compared to the same week in 2014.

 

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