Wednesday, June 16, 2010

Diesel Prices Continue To Decline

Here's a synopsis from today's diesel price survey report from the U.S. Energy Information Administration...

The national average price for diesel fuel fell for the fifth week in a row, dropping two cents to $2.93 per gallon, $0.36 above a year ago.

  • Prices fell in all regions of the country as the East Coast declined two cents to $2.95 per gallon.
  • The Midwest price dipped a cent to $2.89 per gallon.
  • The Gulf Coast and Rocky Mountain averages fell about three cents to $2.87 per gallon and $2.99 per gallon, respectively.
  • The average on the West Coast slid less than half a cent to $3.05 per gallon.
  • In California, the average was unchanged at $3.07 per gallon.

The U.S. average price for regular gasoline has declined for five consecutive weeks.

  • Prices dropped by over 2 cents to hit $2.70 per gallon, 3 cents higher than a year ago. Over the last five weeks, the price for regular gasoline has decreased by over 20 cents per gallon.
  • The averages fell in all regions of the country with the East Coast price falling by about three cents to $2.66 per gallon.
  • The Midwest and Rocky Mountain averages slipped two cents to $2.64 per gallon and $2.77 per gallon, respectively.
  • The lowest price was found in the Gulf Coast at $2.58 per gallon, after a decline of more than 3 cents.
  • The prices on the West Coast and in California dipped a penny and a half to $2.99 per gallon and $3.05 per gallon, respectively.

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