Diesel average drops a half-cent

By Kimberely Lennard, Land Line staff writer | 1/2/2013

The U.S. Energy Information Administration reports the national average price of diesel at $3.918 for the week ending Dec. 31, 2012, half a cent lower than the previous Monday and 13.5 cents above the same week last year.

The Rocky Mountain region saw the largest decrease at 4.5 cents for the lowest per-gallon price of $3.746. The New England region average remained highest at $4.154.

The price of diesel as reported by EIA for each region is as follows:

  • U.S. – $3.918, down a half-cent
  • East Coast – $4.006, no change
  • New England – $4.154, up one-tenth cent
  • Central Atlantic – $4.105, down seven-tenths cent
  • Lower Atlantic – $3.904, up a half-cent
  • Midwest – $3.885, down eight-tenths cent
  • Gulf Coast – $3.830, down three-tenths cent
  • Rocky Mountain – $3.746, down 4.5 cents
  • West Coast – $3.991, up two-tenths cent
  • West Coast less California – $3.928, up 1.3 cents
  • California – $4.045, down seven-tenths cent

ProMiles, which surveys diesel prices daily at 9,400 truck stops, reported diesel prices at $3.908 on Wednesday, Jan. 2, an increase of one-tenth of a cent over Tuesday and seven-tenths of a cent higher than the previous Wednesday.

In separate energy news, midday trading in New York showed light sweet crude oil prices at $92.94, an increase of $1.12 over Monday and $1.92 above the previous Wednesday. Light sweet crude is the type most commonly associated with diesel production.

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