Diesel average holding at $3.95

| 6/20/2011

The national average price for diesel has been in a holding pattern within a penny of $3.95 for the past four weeks. The U.S. Energy Information Administration reported a minimal decrease of four-tenths of a penny for the week ending Monday, June 20.

The exception is the Rocky Mountain region where diesel prices fell 5.4 cents in the past three weeks including a 3-cent drop this week.

Here are the regional averages reported by the EIA:

U.S. – $3.950, down four-tenths of a cent
East Coast – $3.962, down six-tenths of a cent
New England – $4.077, down 1 cent
Central Atlantic – $4.074, down 1.4 cents
Lower Atlantic – $3.904, down one-tenth of a cent
Midwest – $3.904, down one-tenth of a cent
Gulf Coast – $3.896, unchanged
Rocky Mountain – $3.959, down 2.9 cents
West Coast – $4.156, down seven-tenths of a cent
California – $4.236, down nine-tenths of a cent

ProMiles also shows diesel prices holding steady. Monday’s national average was $3.966, down one-tenth of a penny overnight.

In oil news, July futures on the New York Mercantile Exchange were relatively stable Monday at $93.26 per barrel, up about 25 cents overnight.