Diesel down: A penny saved...

| 12/27/2006

The national average price for a gallon of diesel dropped exactly one penny last week.

All but one of the nine regions reporting to the DOE's Energy Information Administration saw diesel prices decrease by some degree for the week ending Dec. 25, 2006.

The biggest change came in the West Coast region and California, where diesel had been creeping toward $3.

Diesel prices decreased 3.2 cents in California from $2.917 to $2.885 per gallon, and 3.1 cents on the West Coast from $2.887 to $2.856.

The Gulf Coast has the cheapest diesel in the nation for the third week in a row. Prices decreased to $2.514 from $2.519.

Prices in the Midwest also decreased to $2.550 from $2.555.

Diesel in the Rocky Mountain region averaged $2.713, a decrease from $2.716.

The East Coast region and Central Atlantic region both saw average diesel prices drop 1.2 cents, to $2.587 and $2.710, respectively.

The Lower Atlantic region reported a 1.5-cent decrease from $2.535 to $2.520.

Diesel in New England increased in price from $2.730 to $2.737.