Thursday, July 08, 2010

Diesel Prices Edge Down More Than 3 Cents A Gallon

The national average highway price for diesel fuel declined more than three cents to $2.92 per gallon, $0.33 above the price a year ago.

  • All regions registered price decreases.
  • The East Coast fell over three cents to $2.94 per gallon while the Gulf Coast decreased almost three cents to $2.87 per gallon.
  • The largest decline took place in the Midwest where the average fell four cents to $2.89 per gallon.
  • The Rocky Mountain price was nearly three cents lower at $2.93 per gallon.
  • The average on the West Coast slipped two cents to $3.08 per gallon while the price in California dipped 1.5 cents to $3.13 per gallon.

Dropping for the first time in three weeks, the U.S. average price for regular gasoline fell three cents to $2.73 per gallon.

  • The national average was $0.11 higher than last year. Regionally, average prices slipped in all sections of the country.
  • The averages on the East Coast and on the Gulf Coast dropped about three cents each to $2.67 per gallon and $2.58 per gallon, respectively.
  • The largest drop took place in the Midwest where the average slumped more than a nickel to $2.68 per gallon.
  • The average in the Rocky Mountains declined a penny to $2.76 per gallon.
  • The West Coast price slipped half a cent to settle at $3.05 per gallon and the average in California fell a penny to $3.12 per gallon.

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