Downward trend for diesel prices continues
The average price of a gallon of on-highway diesel went down five-tenths of a cent to $2.539 per gallon for the week ending Monday, May 22. This marks the fifth consecutive decrease after three straight weeks of increases and lowest prices since March 27 when diesel was $2.532.
Diesel price averages went down in five 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 1.1 cents per gallon. Prices increased by a penny in the California region, the largest increase in the nation.
Following are the average prices by region as reported by the EIA:
• U.S. – $2.539, down five-tenths of a cent
• East Coast – $2.588, down seven-tenths of a cent
• New England – $2.626, unchanged
• Central Atlantic – $2.733, down four-tenths of a cent
• Lower Atlantic – $2.479, down nine-tenths of a cent
• Midwest – $2.468, down 1.1 cents
• Gulf Coast – $2.384, up two-tenths of a cent
• Rocky Mountain – $2.629, up three-tenths of a cent
• West Coast – $2.828, up four-tenths of a cent
• West Coast less California – $2.725, down three-tenths of a cent
• California – $2.912, up 1 cent