Diesel down 1.1 cents this week

Diesel down 1.1 cents this week

Average U.S. diesel prices continue to decline, according to the Energy Information Administration (EIA). This week, diesel prices dropped 1.1 cents to $2.832, compared to last week’s $2.843, EIA said. This week’s price is $1.081 per gallon cheaper compared to the same week last year.

Diesel prices decreased in most regions this week, with the exception of three: California, up one tenth of a cent to $3.142; the West Coast including California, up one tenth of a cent to $3.069; and the Rocky Mountains, up 9 tenths of a cent to $2.785.

Four regions continue to break the $3 per gallon mark:

  • California, up one tenth of a cent to $3.142 per gallon;

  • The Central Atlantic, down 2.1 cents to $3.073;

  • The West Coast including California, up one tenth of a cent to $3.069;

  • New England, down 1.1 cents to $3.060;

The agency noted that average U.S. retail pump prices for gasoline decreased by 8 tenths of a cent this week to $2.793 per gallon. According to EIA, that is 88.5 cents cheaper compared to the same week last year.

Gasoline prices decreased in all but one region – the Rocky Mountain region increased by 1.9 cents to $2.810. This week, the two regions above the $3-per-gallon mark are the West Coast including California at $3.297 and the West Coast without California at $3.065, EIA said.

EIA’s 2015 Energy Conference Presentations are now available online. According to the agency, more than 900 leaders turned out at last month’s conference to discuss current and future changes facing domestic and international energy markets and policy makers.

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