Fuel1 Photo: American Trucker

Diesel drops nearly 6 cents to lowest price in 6 years

For the ninth week in a row, diesel prices across the U.S have slipped—this time falling to the lowest level in six years, according to data tracked by the Energy Information Administration (EIA).

The average U.S. retail pump price for diesel was down 5.9 cents in the July 27 report, to $2.723 per gallon. That’s nearly $1.14 per gallon cheaper than this time last year, and the lowest price since October 2009.

Diesel prices were down in all regions, with the Central Atlantic seeing a drop of 6.7 cents to $2.918, while the price was down 6.4 cents in New England to $2.932.

The price of a gallon of diesel dipped 6.3 cents on Gulf Coast in to $2.611, the lowest diesel price average in the country and just edging out the Midwest region, which saw a 6 cent decline to $2.619.

The highest price for diesel in the contiguous 48 states remains in California, where the price for the week was the only region still above $3, at $3.072, down 3.9 cents.

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