Diesel prices dip after steady climb

| Wednesday, December 28, 2005

Diesel prices fell for the first time in three weeks for the week ending Dec. 28, according to the U.S. Energy Information Administration.

The national average for the week fell 1.4 cents to $2.448 per gallon. That’s still more than 46-cents higher than prices for the same week in 2004.

The biggest drop came in the Lower Atlantic region, where prices fell 2.3 cents to $2.421 per gallon. The Central Atlantic, meanwhile, saw a slight drop to $2.599 per gallon, while New England – at $2.643 per gallon – posted the highest average in the country.

Overall, the East Coast region fell 1.8 cents to an average of $2.481 per gallon.

The lowest prices were found in the Rocky Mountain region, with an average of $2.410 per gallon. The Midwest and the Gulf Coast weren’t far behind at $2.420 per gallon and $2.421 per gallon, respectively.

Not every region reported a drop in prices. California saw prices jump 2.2 cents to $2.543 per gallon. The rest of the West Coast saw a 1.8-cent rise to an average of $2.523 per gallon.

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