Average diesel price drops slightly after record high last week

| Tuesday, July 19, 2005

The national average price of on-highway diesel fell a cent and a half for the week ending July 18, one week after hitting record highs.

The national average fell 1.6 cents to $2.392 a gallon. Despite the slight decrease, that number is still 64.8 cents higher per gallon than prices from the same week in 2004.

California continued to post the highest prices, maintaining its average price from the week before at $2.589. The rest of the West Coast averaged $2.53 per gallon.

The Gulf Coast region saw both the largest decrease and the lowest average price, dropping 2.4 cents to $2.331 a gallon.

New England posted the second highest average price of $2.535, while the Lower Atlantic finished with the second lowest average at $2.354. The East Coast region dropped 1.5 cents to an average price of $2.412 a gallon, while the Central Atlantic region averaged $2.521.

Prices in the Midwest dropped to $2.361, while the Rocky Mountain region had an average of $2.430.

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