Diesel dips again, down 2 cents from last week

Diesel dips again, down 2 cents from last week

Average U.S. diesel prices are down over 2 cents this week to $2.884, compared to last week’s $2.909, according to data tracked by the Energy Information Administration (EIA). That price is $1.008 per gallon cheaper compared to the same week in 2014.

Diesel prices decreased in every region of the country this week. Even with prices on the decline, five regions continue to break the $3 per gallon mark:

  • California, down 3 cents to $3.217 per gallon;

  • The Central Atlantic, down 2 cents to $3.122;

  • The West Coast including California, down 4 cents to $3.121;

  • New England, down 1.6 cents to $3.076;

  • The West Coast without California, down 5.4 cents to $3.001.

Average U.S. retail pump prices for gasoline remained the same this week at $2.780 per gallon, the agency noted.  According to EIA, that is 89 cents cheaper compared to the same week last year.

Gasoline prices increased in every region of the U.S., with the exception of the West Coast including California, which saw a 6.7 cent drop to $3.377; the West Coast without California, which saw a nearly 1 cent drop to $3.008; and the Midwest, which saw a decrease of 1.7 cents to $2.677. Similar to last week, the two regions above the $3-per-gallon mark are the West Coast including California and the West Coast without California, EIA said.

The EIA will hold its 2015 Energy Conference on June 15 and 16 and the Renaissance Downtown Hotel in Washington, DC. The event, which is a forum for addressing energy issues in the United States and worldwide, is an opportunity to meet and network with energy experts and decision makers, EIA said.

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