Diesel prices fall slightly to $2.86 per gallon

| Monday, August 27, 2007

The average price for a gallon of on-highway diesel was $2.863, down a half cent for the week ending Monday, Aug. 27.

The week’s average was 16.4 cents lower than one year ago, the U.S. Energy Information Administration reported.

  • Ultra-low sulfur diesel averaged $2.873 per gallon, while remaining low-sulfur diesel supplies averaged $2.821 – both down exactly a half cent.
  •  ULSD dropped below $3 per gallon in California, down 3 cents from $3.016 to $2.986.
  • Similarly, the West Coast region averaged $2.973 per gallon for ULSD, down 2.8 cents from $3.001.
  • The Rocky Mountain region reported a 3-cent decrease from $2.984 to $2.954 for ULSD.
  • Prices in the Gulf Coast region averaged the same as the previous week, $2.810 per gallon for ULSD.
  • Only one region reported an average increase – the Midwest region – where ULSD increased seven-tenths of a cent from $2.878 to $2.885.
  • The East Coast region averaged $2.844 for ULSD, down seven-tenths of a cent from $2.851.
  • ULSD in the New England region averaged $2.906, down nine-tenths of a cent from $2.915.
The Central Atlantic region saw an average decrease of four-tenths of a cent from $2.899 to $2.895 for ULSD, while the Lower Atlantic region averaged a decrease of eight-tenths of a cent from $2.814 to $2.806 per gallon.

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