National diesel prices dip 1.5 cents

| Monday, December 18, 2006

Truckers got some good news this week as the average price of diesel fuel dropped 1.5 cents nationwide.

The Energy Information Administration reported that all nine of its regions showed a decrease in average diesel prices for the week ending Monday, Dec. 18, 2006.

California and the West Coast region reported the biggest drop, 4.6 cents and 4.4 cents respectively. California diesel had been inching closer to $3 per gallon, but last week’s decrease brought the price to $2.917.

The West Coast region reported an average of $2.887.

Diesel on the East Coast dropped 1.1 cents from $2.610 to $2.599; New England saw a 1.9-cent decrease from $2.749 to $2.730; the Central Atlantic region reported a 0.8-cent decrease from $2.730 to $2.722; and prices in the Lower Atlantic region inched down 1.1 cents to $2.535 – the cheapest of the nine regions.

Midwest diesel decreased 0.8 cents to $2.555, and the Gulf Coast reported an average price of $2.519, down 2.1 cents from the previous week.