Fuel prices dip another 3.9 cents to average $2.327 nationwide

| 12/29/2008

Now that fuel prices have dropped more than $1 per gallon from a year ago, plummeting freight rates and rocky economic conditions are now the biggest concerns of truckers.

The Energy Information Administration is reporting on Monday, Dec. 29, that fuel prices are down another 3.9 cents to average $2.327 per gallon nationwide.

The EIA is also reporting that fuel averages are down in eight of the nine regions of the country again this past week, with the West Coast region reporting the same average for diesel as a week ago at $2.278.

The California region is reporting the lowest price for fuel at $2.241, down a penny from a week ago, and down more than $1.25 per gallon from a year ago. The New England region is still reporting the highest fuel prices of all the regions – averaging $2.63 per gallon.

Below are the regional prices reported by the Department of Energy. To see a map of the states in each of the listed regions, click here.

  • East Coast: $2.435
  • New England: $2.638
  • Central Atlantic: $2.545
  • Lower Atlantic: $2.362
  • Midwest: $2.325
  • Gulf Coast: $2.268
  • Rocky Mountain: $2.255
  • West Coast: $2.278
  • California: $2.241