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Sunday, March 3, 2024

Diesel dips marginally after nearly two months of increases

Diesel down slightly after nearly two months of increases

The average price of a gallon of on-highway diesel went down two-tenths of a cent to $2.596 per gallon for the week ending Monday, Aug. 21. This marks the first decrease after seven consecutive weeks of increases.

Diesel price averages went down in seven of 10 regions in the U.S., according to the Energy Information Administration. The largest average decrease was in the New England region, where prices at the pump went down by nine-tenths of a cent per gallon. Prices went up 1.4 cents in the Rocky Mountain region, the largest increase in the nation.

Following are the average prices by region as reported by the EIA:
• U.S. – $2.596, down two-tenths of a cent
• East Coast – $2.617, down seven-tenths of a cent
• New England – $2.616, down nine-tenths of a cent
• Central Atlantic – $2.756, down five-tenths of a cent
• Lower Atlantic – $2.519, down eight-tenths of a cent
• Midwest – $2.567, down three-tenths of a cent
• Gulf Coast – $2.408, down two-tenths of a cent
• Rocky Mountain – $2.714, up 1.4 cents
• West Coast – $2.883, up six-tenths of a cent
• West Coast less California – $2.786, down two-tenths of a cent
• California – $2.961, up 1.2 cents