Diesel price drops for fourth week in a row, down 1.1 cents

Diesel price drops for fourth week in a row, down 1.1 cents

For the fourth week in a row, diesel prices across the U.S have slipped, according to data tracked by the Energy Information Administration (EIA).

The average U.S. retail pump price for diesel was down 1.1 cents in the June 22 report, to $2.859 per gallon. That’s $1.06 per gallon cheaper compared to the same week in 2014.

Diesel prices decreased in every region except New England, where it was up 1.1 cents to $3.085, and on the West Coast less California, where it was up 0.6 cents to $3.007.

In California the price fell 1.2 cents, but the Golden State still has the highest price in the lower 48 states, $3.17. The Central Atlantic is also still reporting diesel above the $3 mark, at $3.102 (down 1.5 cents).

The price of a gallon of diesel dipped 2.2 cents the Gulf Coast, to$2.755, but that still wasn’t a big enough decrease to get past the Midwest for the lowest diesel prices in the country. The cost of a gallon there fell 0.8 cents $2.746. The Rocky Mountain region saw prices fall 0.9 cents to a $2.79 average.

 

TAGS: News
Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish