Diesel prices dip 1.9 cents to $2.938

| 8/30/2010

Diesel fuel prices dropped for the third straight week, down another 1.9 cents per gallon to average $2.938 per gallon.

On Monday, Aug. 30, the U.S. Energy Information Administration is reporting that fuel prices have dropped in eight of the nine regions of the country. The Rocky Mountain region is again the only one reporting a slight three-tenths of a cent increase from a week ago to average $3.019 per gallon.

A year ago, diesel was selling for around $2.674, about 26.4 cents per gallon less than it is now. Diesel prices are still above the $3 mark in four of the regions, down from five regions a week ago.

The Lower Atlantic region again beat out the Gulf Coast region with the lowest fuel prices for the second straight week, as prices there dropped 2.4 cents to average $2.886. Prices dropped an average of 2.8 cents in the Gulf Coast region to $2.888 per gallon.

The California region is again posting the highest diesel prices at $3.150 per gallon, despite a drop of 2.1 cents from a week ago.

National average – $2.938
East Coast – $2.930
New England – $2.996
Central Atlantic – 3.020
Lower Atlantic – 2.886
Midwest – $2.909
Gulf Coast – $2.888
Rocky Mountain – $3.019
West Coast – $3.101
California – $3.150