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Saturday, July 27, 2024

Diesel prices slide for third straight week

Diesel prices slide for third straight week

The average price of a gallon of on-highway diesel went down seven-tenths of a cent to $2.532 per gallon for the week ending Monday, March 27. This marks the third consecutive decrease after four straight weeks of increases and the lowest prices since Dec. 19 when diesel cost $2.527.

Diesel price averages went down in eight 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 2.9 cents per gallon. Prices increased by seven-tenths of a cent 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. – $2.532, down seven-tenths of a cent
• East Coast – $2.586, down 1.4 cents
• New England – $2.593, down 2.9 cents
• Central Atlantic – $2.724, down 1.4 cents
• Lower Atlantic – $2.487, down 1.1 cents
• Midwest – $2.458, down six-tenths of a cent
• Gulf Coast – $2.378, down two-tenths of a cent
• Rocky Mountain – $2.597, up seven-tenths of a cent
• West Coast – $2.822, down four-tenths of a cent
• West Coast less California – $2.703, up one-tenth of a cent
• California – $2.919, down nine-tenths of a cent