Average diesel prices holding steady this week

| 10/16/2006

The national average price for a gallon of diesel fuel held steady, dropping by just 0.3 cents for the week ending Monday, Oct. 16, 2006.

Diesel prices dropped in six out of eight regions, reported by the U.S. Energy Information Administration of the Department of Energy.

The Midwest and the Gulf Coast regions reported slight increases in diesel prices, of 1.1 cents and 1.5 cents per gallon respectively, but they still remain the cheapest in the nation.

A gallon of diesel in the Midwest region rose from $2.448 to $2.459, while the Gulf Coast region reported an increase from $2.446 to $2.461.

That was the first reported increase in average diesel prices for any of the regions since Labor Day weekend.

The biggest decrease this past week was 4.8 cents in California, where diesel fell from $2.751 to $2.703.

The West Coast region reported a 4.2 cent decrease, from $2.697 to $2.655

A gallon of diesel cost an average of $2.539 in the Rocky Mountain region, down 4.5 cents from last week's average of $2.584.

The East Coast region reported an average price of $2.521, down 1.2 cents from $2.533.

New England reported an average price of $2.623, a decrease of 2.6 cents from last week.

The Central Atlantic region reported a drop of 1.8 cents, from $2.636 to $2.654, while the Lower Atlantic region dropped 0.9 cents to $2.462.