Diesel prices steady at pump, crude oil eases slightly

| Monday, April 25, 2011

The national average pump price for on-highway diesel has not fluctuated much in the past week. ProMiles reported the daily average at $4.121 on Monday, April 25, exactly where it has been the past few days. The U.S. Energy Information Administration reported the weekly average at $4.098.

Fluctuations in price in the EIA’s nine reporting regions were generally within a penny for the week, much more level than some of the recent spikes.

California has the highest average in the nation at $4.438 per gallon following a slight decrease for the week. Diesel in the Golden State is still $1.21 higher than it was a year ago.

The cheapest tax-included price for diesel belongs to South Carolina at $3.904, followed by Mississippi at $3.927, according to ProMiles.

Here are the EIA’s diesel averages for the week:

U.S. – $4.098, down 0.7 cents
East Coast – $4.105, down 0.6 cents
New England – $4.222, down 1 cent
Central Atlantic – $4.238, up 0.9 cents
Lower Atlantic – $4.038, down 1.3 cents
Midwest – $4.061, down 0.7 cents
Gulf Coast – $4.024, down 0.9 cents
Rocky Mountain – $4.134, up 0.8 cents
West Coast – $4.305, down 1.4 cents
California – $4.438, down 0.2 cents

In oil news, futures for June delivery were trading at $112.16 per barrel of crude as of midday Monday on the New York Mercantile Exchange. That’s down about 13 cents from the opening bell. December futures were down 17 cents a barrel to $112.87.

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