Average diesel price sees little change at $3.308 per gallon

| Wednesday, December 26, 2007

The national average price for a gallon of on-highway diesel dropped one-tenth of a cent to $3.308 for the week ending Monday, Dec. 24, 2007.

The U.S. Energy Information Administration published the latest data on Wednesday.

The combined average price of ultra-low sulfur diesel and remaining low-sulfur diesel supplies was 71.2 cents higher than it was one year ago when the average price was $2.596.

California continued to have the highest average price, $3.434 per gallon for ULSD, following an increase of eight-tenths of a cent.

ULSD in the West Coast region dropped three-tenths of a cent in average price from $3.425 to $3.422 per gallon.

The largest change for the week was a drop of 5.3 cents in the average price of ULSD in the Rocky Mountain region, from $3.325 to $3.272 per gallon.

The East Coast region averaged $3.384 for ULSD, a decrease of three-tenths of a cent.

The New England region had an average price of $3.584, up three-tenths of a cent from $3.581.

The Central Atlantic region showed a 1.4-cent decrease in average price from $3.514 to $3.500 for ULSD, while the Lower Atlantic region averaged $3.289, down six-tenths of a cent.

ULSD in the Gulf Coast region averaged $3.250, up two-tenths of a cent from $3.248 per gallon, while the Midwest region had an average price of $3.295 for ULSD after an increase of three-tenths of a cent.

Crude oil was trading at $94.41 a barrel on Wednesday, up 24 cents from Monday’s average, Bloomberg reported.

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