Decline of Diesel Prices Reaches Seventh Straight Week

Decline of Diesel Prices Reaches Seventh Straight Week
For the seventh straight week, diesel prices have dropped. This week's U.S. average is $3.942.

For the seventh straight week, diesel prices have dropped. This week’s U.S. average is $3.942.

For the seventh consecutive week, diesel prices dropped across the United States. The average price of diesel throughout the country dropped to $3.942, down from $3.977 last week according to the U.S. Energy Information Administration (EIA). The EIA projects diesel to average a price of $3.88 by the end of the year.

The Gulf Coast had the country’s lowest prices for the fourth straight week at $3.852, which is a decrease of almost four cents per gallon from $3.888 last week. The Rocky Mountain region remains as the second lowest prices in the country at $3.882, down from $3.899 last week.

California continues to have the highest prices in the country at an average of $4.147, down significantly from last week’s average price of $4.196. California prices are down more than 27 cents from this time last year.

Since reaching its highest point seven weeks ago of $4.159 in the United States, diesel prices have dropped more than 21 cents per gallon.

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Posted in: Diesel Prices

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