July starts off with another round of drops in diesel prices for most regions. The cost of fuel in the United States went down an average of $0.011 from last week. The Gulf Coast saw the largest regional price decrease with -$0.018 while the Midwest only saw a decrease of -$0.007. Both the Rocky Mountain region and the West Coast saw increases in price by $0.009 and $0.001, respectively.
Even though the Midwest had the smallest decrease in price from last week, it had the largest decrease from this time last year with -$1.138. Along with the Midwest, all other regions saw a decrease from this time last year. The lowest diesel prices this week were again found in the Gulf Coast with an average of $2.712. The West Coast had the highest diesel prices with an average of $3.069. These fuel prices are a part of a weekly report published by the U.S. Energy Information Administration.
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