Diesel prices hold steady nationwide at $3.886

By Land Line staff | Monday, October 21, 2013

The national average price for on-highway diesel remains at $3.886, according to figures from the U.S. Energy Information Administration.

The national average remains about 23 cents cheaper compared with the previous year. Prices had been on a modest decline over the last month.

Although the national average was stagnant, prices rose in half of the 10 regions, with the West Coast less California region noting the largest increase at 1.5 cents. Prices dipped slightly or remained flat in the other five regions nationwide.

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

U.S. – $3.886, unchanged
East Coast – $3.905, up one-tenth of a cent
New England – $4.032, unchanged
Central Atlantic – $3.961, down two-tenths of a cent
Lower Atlantic – $3.84, up three-tenths of a cent
Midwest – $3.853, down one-tenth of a cent
Gulf Coast – $3.80, up three-tenths of a cent
Rocky Mountain – $3.875, down 1.4 cents
West Coast – $4.049, up two-tenths of a cent
West Coast less California – $3.954, up 1.5 cents
California – $4.129, down 1 cent

ProMiles, which tracks prices daily, showed the national average at $3.879 on Monday, Oct. 21. Truckers in Connecticut were paying an average of $4.383 per gallon, the highest in the nation, while those fueling up in Missouri paid $3.6583 on average.

In separate energy news, light sweet crude, the type of oil most associated with diesel production, was trading at $199.11 on Monday, down $1.70 a barrel as of midday.

In Europe, Brent crude was trading at $109.87 a barrel, down about 7 cents, according to Bloomberg.

Comments