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Friday, June 21, 2024

Diesel prices drop to lowest in two months

The average price of a gallon of on-highway diesel went down 2.3 cents to $2.379 per gallon for the week ending Monday, July 25. This marks the fifth decrease in five weeks, including an unchanged national average four weeks ago. The national average is the lowest since May 23 when prices were $2.357.

Diesel price averages went down in all 10 regions in the U.S., according to the Energy Information Administration. The largest average decrease was in the West Coast less California region, where prices at the pump fell by 3.3 cents per gallon. Prices were down one-tenth of a cent in the Rocky Mountain region, the smallest decrease in the nation.

Following are the average prices by region as reported by the EIA:

U.S. – $2.402, down 2.3 cents
East Coast – $2.411, down 2.4 cents
New England – $2.446, down 1.2 cents
Central Atlantic – $2.503, down 2.2 cents
Lower Atlantic – $2.332, down 2.6 cents
Midwest – $2.369, down 2.8 cents
Gulf Coast – $2.262, down 2.0 cents
Rocky Mountain – $2.435, down one-tenth of a cent
West Coast – $2.686, down 2.3 cents
West Coast less California – $2.569, down 3.3 cents
California – $2.780, down 1.6 cents