Diesel prices dip, gasoline on the rise

| Monday, March 27, 2006

The national average price for diesel fell 1.6 cents for the week ending March 27, according to the U.S. Energy Information Administration.

The average price was $2.565 per gallon, down from the previous week’s high of $2.581 per gallon.

All regions in the country saw diesel prices drop, but the biggest was in the Lower Atlantic, where prices fell 2.2 cents to $2.536 per gallon. Prices in the Central Atlantic region fell to $2.681 per gallon, while New England dipped less than a penny to $2.700 per gallon.

The East Coast as a whole saw a 2-cent drop to an average of $2.586 per gallon.

Despite a drop of more than a penny, California had the highest prices, coming in at $2.727 per gallon. The rest of the West Coast wasn’t too far behind at $2.698 per gallon.

The lowest prices were found in the Midwest, at $2.523 per gallon. The Gulf Coast region was slightly higher at $2.528 per gallon.

The Rocky Mountain region came in at $2.601 per gallon.

Meanwhile, gasoline prices have risen a staggering 15 cents in the past two weeks, according to the Lundberg Survey.

The survey, which was released on Sunday, March 26, is published about twice a month and examines 7,000 gas stations nationwide.

The survey found that regular gasoline was selling for an average of $2.490 per gallon, about 40 cents higher than the same time period in 2005.

The lowest price was found in Salt Lake City, Utah, at $2.250 per gallon, while the highest was $2.800 per gallon in Honolulu, HI.