Diesel prices down 2 cents nationally

By Land Line staff | 7/1/2013

Diesel fuel prices fell across the board for a sixth straight week to $3.817, according to figures from the U.S. Energy Information Administration.

Prices at the pump are roughly two cents lower than last week, but remain almost 17 cents higher than they were at this time last year.

The EIA reported decreases in all 10 regions of the country, with the largest drop coming in the Midwest at 3.2 cents. Diesel prices in the Gulf Coast region fell only six-tenths of a cent.

Following are the weekly average prices for on-highway diesel as reported by the EIA:

  • U.S. – $3.817, down 2.1 cents
  • East Coast – $3.817,down 1.9 cents 
  • New England – $3.971, down 1.3 cents
  • Central Atlantic – $3.892, down 1 cent
  • Lower Atlantic – $3.731, down 2.7 cents
  • Midwest – $3.815, down 3.2 cents
  • Gulf Coast – $3.734, down six-tenths of a cent
  • Rocky Mountain – $3.819, down 1.7 cents
  • West Coast – $3.942 down 2.1 cents
  • California – $4.015, down 2 cents 
  • West Coast less California – $3.856, down 2.3 cents

ProMiles, which surveys 9,400 fuel stops, reported the daily national average is at $3.801 cents on Monday, July 1.

Truckers in Connecticut are paying an average price of $4.271 per gallon, according to ProMiles, the highest average price in the lower 48 states. Virginia truck drivers are paying the lowest prices at $3.559 per gallon.

In other energy news, the price of light sweet crude oil remains above $90 per barrel, closing at $97.91 following midday trading Monday according to the New York Mercantile Exchange. Light sweet crude is the type most commonly associated with diesel production.

In Europe, the price of Brent crude was listed at $102.93, according to Bloomberg.

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