Diesel prices fall 12 cents

| Monday, September 25, 2006

For the third week in a row, the national average price for diesel fell by more than 10 cents in a seven-day period.

The U.S. Energy Information Administration reported a price of $2.595 per gallon on Monday, Sept. 25.

The latest average was down nearly 12 cents compared with the past week’s report of $2.713. It was the first time since April that the average price in each of the nine reporting regions was less than $3 per gallon.

Rocky Mountain states reported the most significant drop of 22.5 cents from $3.052 to $2.827.

Diesel in Midwest states dropped from $2.624 to $2.506 per gallon, keeping it the lowest average in the nation.

The West Coast experienced about an 11-cent decrease to $2.892, but it edged out the Rockies as the highest average price in the nation by state.

California reported a decrease of about 9 cents to $2.910.

Gulf Coast states saw an average decrease of about 9 cents to $2.526, while New England reported a 10-cent decrease to an average of $2.730.

Central Atlantic states reported an average of $2.746 per gallon, down about 10 cents, while the Lower Atlantic states reported a similar decrease to $2.526.