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Monday, February 26, 2024

Downward trend continues for average diesel prices

The average price of a gallon of on-highway diesel went down 3.2 cents to $2.316 per gallon for the week ending Monday, Aug. 8. This marks the seventh decrease in eight weeks, including an unchanged national average six weeks ago. The national average is the lowest since May 16 when prices were $2.297.

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 Gulf Coast region, where prices at the pump fell by 4 cents per gallon. Prices were down 1.8 cents in the New England region, the smallest decrease in the nation.

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

U.S. – $2.316, down 3.2 cents
East Coast – $2.321, down 3.3 cents
New England – $2.378, down 1.8 cents
Central Atlantic – $2.412, down 2.9 cents
Lower Atlantic – $2.241, down 3.8 cents
Midwest – $2.275, down 2.9 cents
Gulf Coast – $2.184, down 4 cents
Rocky Mountain – $2.396, down 2.3 cents
West Coast – $2.595, down 3.5 cents
West Coast less California – $2.454, down 3.8 cents
California – $2.707, down 3.4 cents