Diesel lowest since 1999

| Tuesday, November 06, 2001

The weekly retail on-highway diesel prices released by the Energy Department Monday show the national average cost of diesel has plummeted 20 cents over the past two months to $1.29 - the cheapest diesel has been since December 1999.

The biggest price drop was in the Rocky Mountain region. Diesel there dropped about 4 cents per gallon from last week to $1.34.

The lowest prices in the nation continue to be found in the Lower Atlantic region. Fuel there dipped about 1.5 cents to $1.22 per gallon.

The highest prices nationally are found in the state of California. Diesel there is $1.43 per gallon - down 2 cents from a week ago.

The remaining regions' price per gallon is as follows: East Coast, $1.27; New England, $1.38; Central Atlantic, $1.36; Midwest, $1.30; Gulf Coast, $1.23; and West Coast, $1.39, respectively.

The Department of Energy reports the average price of self-serve each week. Prices are based on a survey of 350 diesel service centers nationwide and include taxes.

Comments