Average weekly diesel price falls

| Tuesday, January 17, 2006

The average price for diesel fell 2.6 cents for the week ending January 16, according to the Energy Information Administration.

The national average dropped to $2.449 per gallon for the week, down from $2.485 per gallon from the previous week. That’s still 49.5-cents higher than prices for the same week in 2005.

California reported the only regional increase, rising less than a penny to $2.603 per gallon. The rest of the West Coast posted an average of $2.565 per gallon, a slight drop from the week before.

California did not, however, have the highest prices. That dubious distinction went to New England where, in spite of a drop of more than a penny, prices still came in at $2.663 per gallon.

The Central Atlantic region was not far behind at $2.605 per gallon. The Lower Atlantic , meanwhile, saw the biggest drop, falling 4.9 cents to $2.424 per gallon. Overall, the East Coast saw an average price of $2.489 per gallon.

The lowest average price was found in the Midwest , at $2.408 per gallon. Close behind were the Rocky Mountain and Gulf Coast regions, at $2.411 and $2.415 per gallon, respectively.

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