Summer-long diesel decline continues, down 1.1 cents

Summer-long diesel decline continues, down 1.1 cents

For the sixth 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 July 6 report, to $2.832 per gallon. That’s about $1.08 per gallon cheaper than this time last year, and about 30 cents less than the first week of January.

Diesel prices were up by fractions of a penny in a couple of regions: The Rocky Mountain saw a 0.9 cent increase to $2.785, while the price was up 0.1 cent in California to $3.142, the highest price in the lower 48 states.

The Central Atlantic and New England are also still reporting diesel above the $3 mark, at $3.073 (down 2.1 cents) and $3.06 (down 1.1 cent), respectively.

The price of a gallon of diesel dipped 1.8 cent the Gulf Coast to $2.712, the lowest diesel price average in the country. The Midwest region  is close behind at $2.724, a 0.7 cent decrease. 

 

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