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Tuesday, April 16, 2024

Fuel Prices Down 2 Weeks Consecutively

Fuel Prices Down 2 Weeks Consecutively

The average price of a gallon of on-highway diesel went down 1.6 cents to $2.569 per gallon for the week ending Monday, Jan. 23. This marks the second consecutive decrease after six straight weeks of increases and the lowest prices since Dec. 27.

Diesel price averages went down in nine of 10 regions in the U.S., according to the Energy Information Administration. The largest average decrease was in the Midwest region, where prices at the pump went down by 2.9 cents per gallon. Prices increased by one-tenth of a cent in the New England region, the only increase in the nation.

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

U.S. – $2.569, down 1.6 cents
East Coast – $2.627, down nine-tenths of a cent
New England – $2.676, up one-tenth of a cent
Central Atlantic – $2.784, down 2 cents
Lower Atlantic – $2.507, down four-tenths of a cent
Midwest – $2.512, down 2.9 cents
Gulf Coast – $2.414, down 1.5 cents
Rocky Mountain – $2.532, down six-tenths of a cent
West Coast – $2.846, down nine-tenths of a cent
West Coast less California – $2.75, down five-tenths of a cent
California – $2.923, down 1.4 cents