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Wednesday, February 1, 2023

Twelve Week Price Slide Has Fuel A Squeak Over $3

 It is 12 weeks running for the slide in the U.S. average price for a gallon of diesel fuel reported by the federal Energy Information Administration.

On Monday, Jan. 7, the EIA reported the average price for a gallon of diesel across the U.S. dropped 3.5 cents to $3.013. Not only is it barely a penny above the $3-per-gallon mark, it also is only 1.7 cents above what the EIA reported one year ago.

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

  • U.S. – $3.013, down 3.5 cents.
  • East Coast – $3.069, down 4.1 cents.
  • New England – $3.216, down 1.8 cents.
  • Central Atlantic – $3.242, down 4.4 cents.
  • Lower Atlantic – $2.921, down 4.4 cents.
  • Midwest – $2.869, down 3.8 cents.
  • Gulf Coast – $2.821, down 2 cents.
  • Rocky Mountain – $3.026, 4.5 cents.
  • West Coast – $3.528, down 3.4 cents.
  • West Coast without California – $3.18, down 6.6 cents.
  • California – $3.805, down four-fifths of a cent.