Diesel prices dip before holiday weekend

| Monday, May 22, 2006

Just a week before Memorial Day, the unofficial start of the summer driving season for four-wheelers, the national average price for diesel fell by more than 3 cents.

According to the U.S. Energy Information Agency, the national average for diesel was $2.888 per gallon, down from $2.920 the week before. That’s also the lowest prices have been since the last week of April.

Even with the drop, that average is still more than 73 cents higher than the average for the same week in 2005.

In spite of slight drops across the country, several areas still remained above the $3 per gallon mark.

California posted the highest average, down less than a penny to $3.234 per gallon. The rest of the West Coast was close behind at $3.175 per gallon.

The Rocky Mountain region stayed above $3 for the fourth week in a row, even though it fell five cents to $3.024 per gallon.

Meanwhile, the Central Atlantic and New England regions, both of which had been above $3 per gallon, slipped below that mark to $2.982 per gallon and $2.987 per gallon, respectively. Prices in the Lower Atlantic region fell more than 3 cents to $2.820 per gallon.

The East Coast as a whole posted an average of $2.877 per gallon, down 3 cents from the previous week.

The Midwest saw the biggest drop, falling 3.4 cents to $2.836 per gallon. The Gulf Coast, meanwhile, posted the lowest average, at $2.801 per gallon.

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