Diesel drops nearly a nickel, still 30 cents over last year

By Kimberely Lennard, Land Line staff writer | Monday, September 24, 2012

Although the U.S. Energy Information Administration reports the national average price of diesel dropped 4.9 cents over the past week to $4.086, prices are still 30 cents over the same week last year.

The largest decrease was 8 cents in California, which reported the highest cost per gallon at $4.386. The lowest pricing was in the Gulf Coast at $3.995, the first time a region has seen diesel below $4 since the week ending Aug. 20.

The price of diesel as reported by EIA on Sept. 24 for each region is as follows:

  • U.S. – $4.086, down 4.9 cents
  • East Coast – $4.092, down 3.3 cents
  • New England – $4.191, down 2.4 cents
  • Central Atlantic – $4.170, down 2.6 cents
  • Lower Atlantic – $4.015, down 4.1 cents
  • Midwest – $4.017, down 6.3 cents
  • Gulf Coast – $3.995, down 3.3 cents
  • Rocky Mountain – $4.228, down 2.8 cents
  • West Coast – $4.323, down 7.6 cents
  • West Coast less California – $4.249, down 7.2 cents
  • California – $4.386, down 8 cents


ProMiles, which surveys diesel prices daily at 9,400 truck stops, reported diesel prices at $4.094 per gallon on Monday, down four-tenths of a cent over Sunday, and down 5.8 cents over a week ago. New Hampshire showed the biggest drop at 3.3 cents overnight.

In separate energy news, midday trading in New York showed light sweet crude oil prices at $91.96, down 93 cents over Friday and down $3.96 over this past Monday. Light sweet crude is the type most commonly associated with diesel production.

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