Diesel average down slightly to $3.848

By Land Line staff | 1/23/2012

The national average price for diesel was $3.848 for the week ending Monday, Jan. 23. The U.S. Energy Information Administration reported a decrease of six-tenths of a cent for the week.

Fuel averages in the EIA’s nine survey regions changed by no more than a penny for the week. The Lower Atlantic and Midwest regions saw their averages decrease by a penny, while diesel in California increased half a cent.

Following are the regional prices and activity reported by the EIA:

U.S. – $3.848, down six-tenths of a cent
East Coast – $3.938, down half a cent
New England – $4.077, up one-tenth of a cent
Central Atlantic – $4.030, down one-tenth of a cent
Lower Atlantic – $3.843, down 1 cent
Midwest – $3.736, down 1 cent
Gulf Coast – $3.774, down three-tenths of a cent
Rocky Mountain – $3.817, down six-tenths of a cent
West Coast – $4.037, unchanged
California – $4.121, up half a cent

According to ProMiles, which tracks prices daily in the Lower 48 states, diesel was down another three-tenths of a cent. The ProMiles average on Monday was $3.838 per gallon.

Connecticut had the highest state average at $4.182 including taxes, followed by New York at $4.174. For the second week in a row, Missouri had the lowest average at $3.615 including tax.

On the oil markets, light sweet crude was trading at $99.87 per barrel at midday Monday in New York. That price was up $1.54 from the opening bell and inching closer to the $100 mark where it had been the previous week.

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