to figures released by the Department of Energy's Energy
Information Administration April 14, the national average
diesel price fell last week to $1.539 from the previous week's
average of $1.554 per gallon.
highest rates are in the Central Atlantic region, where the
average price is $1.704, and in New England, where the price
remaining regions' prices per gallon are as follows: $1.608
on the East Coast; $1.625 on the West Coast; $1.658 in California;
$1.496 in the Midwest; $1.559 in the Lower Atlantic states;
$1.455 on the Gulf Coast; and $1.587 in the Rocky Mountain
the American Petroleum Institute said the trucking industry,
airlines and chemical companies would likely be among the
biggest beneficiaries from recent declines in oil prices, The
Washington Post reported.
price of jet fuel, the article said, has dropped 76 cents
a gallon over the past five weeks. American Airlines told The
Post that every penny the price of fuel falls saves the
company $30 million a year.
companies such as DuPont Co. said the lower oil costs have
helped it save on purchases of raw materials, The Post reported.
prices have also dropped significantly in recent weeks.
C. Felmy, the chief economist at API, said that for every
$5-a-barrel decline in the price of crude oil, the U.S. gross
domestic product could rise by as much as 0.3 percent, The