Diesel prices level off again

| Tuesday, May 30, 2006

After nearly hitting the $3 mark in mid-May, Diesel prices leveled off somewhat for the week ending May 29.

The Energy Information Administration reported that the national average fell less than a penny to $2.882 per gallon. That price is still more than 72 cents higher than the average for the same week in 2005.

California posted the highest average, though prices there even fell off slightly, dropping less than a penny to $3.227 per gallon. The rest of the West Coast remained close behind, dropping more than a penny to $3.161 per gallon.

The Rocky Mountain region remained above the $3 mark for the fifth week in a row and posted the nation’s only increase, rising 2 cents to $3.044 per gallon.

The biggest dip was in New England, where the average fell 1.6 cents to $2.966 per gallon. The Central Atlantic region stayed the same at $2.987 per gallon, while the Lower Atlantic fell slightly to $2.815 per gallon.

The East Coast as a whole posted an average of $2.873 per gallon, down less than a penny from the previous week.

The Gulf Coast, meanwhile, posted the lowest average at $2.798 per gallon. The Midwest wasn’t far behind, dropping more than a penny to $2.824 per gallon.

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