Diesel price dips less than penny

Diesel price dips less than penny

The national average retail price for diesel fuel dropped ever so slightly in the U.S. this week, while retail prices for gasoline increased across all regions of the country, according to data tracked by the Energy Information Administration (EIA).

Diesel decreased 6/10ths of a penny to a national average of $2.115 per gallon this week, which is 66.9 cents cheaper per gallon compared to the same week in 2015, the agency noted.

Diesel prices decreased in only three U.S. regions this week, EIA said:

  • The Lower Atlantic, down 4/10ths of a penny to $2.077 per gallon
  • The Midwest, down 1.2 cents to $2.065
  • The Gulf Coast, down 1.8 cents to $1.983 (the only region where diesel dipped under $2 per gallon)

Those declines offset the largest price spike of the week, which occurred in the Rocky Mountains: a 2.9 cent spike that pushed average prices up to $2.123 per gallon.

By contrast, gasoline prices increased in every region of the country this week, pushing the national retail average up 1.7 cents to $2.083 per gallon, though that is 33 cents cheaper per gallon versus the same week in 2015, EIA noted.

 

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