Diesel dips another 3 cents to $3.919

By Land Line staff | 9/30/2013

The national average price for on-highway diesel dropped for the second straight week according to figures from the U.S. Energy Information Administration.

The new national average is at $3.919 per gallon for the week ending Monday, Sept. 30.

Prices fell in all 10 regions, with California noting the largest drop for the week at 3.7 cents, followed by the West Coast region at 3.6 cents.

Following are the average prices by region as reported by the EIA:

    U.S. – $3.919, down 3 cents
    East Coast – $3.931, down 2.5 cents
    New England – $4.046, down 2.5 cents
    Central Atlantic – $3.997, down 1.8 cents
    Lower Atlantic – $3.861, down 2.9 cents
    Midwest – $3.894, down 3.5 cents
    Gulf Coast – $3.831, down 3.1 cents
    Rocky Mountain – $3.927, down 1.6 cents
    West Coast – $4.075, down 3.6 cents
    West Coast less California – $3.961, down 3.4 cents
    California – $4.172, down 3.7 cents

ProMiles, which tracks prices daily, showed the national average at $3.913 on Monday. Truckers in Connecticut were paying an average of $4.41 per gallon, the highest in nation, while those fueling up in Missouri paid $3.707 on average.

In separate energy news, light sweet crude, the type of oil most associated with diesel production, was trading at $102.23 on Monday, down 55 cents a barrel as of midday.

In Europe, Brent crude was trading at $108.30 a barrel, down about 33 cents, according to Bloomberg.