Diesel average continues downward trend

| Monday, December 10, 2007

The national average price for diesel dropped 9 cents for the week ending Monday, Dec. 10. The dip marks the second straight week that prices have fallen.

According to the U.S. Energy Information Agency, the national average price is $3.325, down from 3.416 a week ago. It’s also 71 cents higher than prices the same time a year ago.

The biggest drop was found in California where average prices fell more than 11 cents per gallon to $3.455 – the third highest of any area throughout the country.

Diesel in the Midwest also dipped more than a dime. The average prices went from $3.385 per gallon a week ago to $3.276.

Despite a more than 8-cent drop, the most expensive diesel continues to be found in the New England region where the price per gallon is $3.570. Truckers fueling in the Central Atlantic region are paying close to the same price – $3.514.

The lowest average prices are found in the Gulf Coast region. There, diesel dipped 8 cents from $3.345 a week ago to $3.265.

Other prices include the West Coast region, at $3.440; the Rocky Mountain region, at $3.397; the East Coast region, at $3.372; and the Lower Atlantic region, at $3.293.

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