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Friday, March 29, 2024

After three weeks of increases, diesel prices drop, well almost

After three weeks of increases, diesel prices drop, well almost

The average price of a gallon of on-highway diesel went down two-tenths of a cent to $2.595 per gallon for the week ending Monday, April 24. This marks the first decrease after three straight weeks of increases.

Diesel price averages went down in 4 of 10 regions in the U.S., according to the Energy Information Administration, enough to drop the overall average. The largest average decrease was in the Midwest region, where prices at the pump went down by six-tenths of a cent per gallon. Prices increased by 1.2 cents in the New England region, the largest increase in the nation.

Following are the average prices by region as reported by the EIA:
• U.S. – $2.595, down two-tenths of a cent
• East Coast – $2.632, up one-tenth of a cent
• New England – $2.65, up 1.2 cents
• Central Atlantic – $2.785, up two-tenths of a cent
• Lower Atlantic – $2.52, down two-tenths of a cent
• Midwest – $2.530, down six-tenths of a cent
• Gulf Coast – $2.458, unchanged
• Rocky Mountain – $2.662, up 1 cent
• West Coast – $2.875, down two-tenths of a cent
• West Coast less California – $2.786, down five-tenths of a cent
• California – $2.947, up one-tenth of a cent