Average price of diesel drops for second week in a row

| Wednesday, February 22, 2006

The national average price for diesel fell for the second week in a row for the week ending Feb. 20, according to the Energy Information Administration.

The average dropped 2.1 cents to $2.455 per gallon, its lowest price since mid-January.

California had the dual distinction of posting both the highest average and the biggest drop, falling 3.5 cents to $2.674 per gallon. By contrast, the rest of the West Coast posted an average that was 8 cents lower than California, falling 2.7 cents to $2.594 per gallon.

The lowest prices, meanwhile, were found in the Midwest, where the average fell 2.1 cents to $2.398 per gallon. The Gulf Coast region wasn’t far behind at $2.427 per gallon.

The Rocky Mountain region posted the smallest decrease, falling less than a penny to $2.497 per gallon.

The Lower Atlantic region saw a 2.7-cent drop, coming in at an average of $2.437. In spite of similar drops, both New England and the Central Atlantic region remained significantly higher, at $2.580 and $2.593 per gallon, respectively.

The East Coast as a whole posted an average of $2.487 per gallon, down 2.2 cents from the previous week.

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