Diesel prices down again

Diesel prices down again

Average U.S. diesel prices have dropped again, according to the Energy Information Administration (EIA). This week, diesel prices dropped 1.6 cents to $2.843, compared to last week’s $2.859, EIA said. This week’s price is $1.077 per gallon cheaper compared to the same week last year.

Diesel prices decreased in every region of the country this week. Four regions break the $3 per gallon mark:

  • California, down 2.9 cents to $3.141 per gallon;

  • The Central Atlantic, down 8 tenths of a cent to $3.094;

  • The West Coast including California, down 2.9 cents to $3.068;

  • New England, down 1.4 cents to $3.071;

Average U.S. retail pump prices for gasoline decreased by 1.1 cents this week to $2.801 per gallon, the agency noted. According to EIA, that is 90.3 cents cheaper compared to the same week last year.

Gasoline prices decreased in all but two regions – the Rocky Mountain region again increased 3 tenths of a cent to $2.791, and the Central Atlantic saw a 1.7-cent increase to $2.803. Like last week, the two regions above the $3-per-gallon mark are the West Coast including California at $3.309 and the West Coast without California at $3.065, EIA said.

This July 1 marks the 20th year EIA has been online, the agency said.

“On July 1, 1995, the U.S. Energy Information Administration became the first agency within the U.S. Department of Energy to venture onto the Internet,” EIA said. “In an era before Google, Facebook, and Internet Explorer, the Internet had about 40 million users and 23,500 websites. The seven users who visited EIA.gov on its first day of operation had access to a few dozen web pages and 200 files.”

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