The average diesel price in the U.S. fell ten cents to $2.52 per gallon for the week of December 8, 2008, according to the Energy Information Administration (EIA). After decreasing only four cents last week, prices experienced a double digit drop for the ninth time in ten weeks.
U.S. crude oil fell 91 cents this afternoon to $42.80 a barrel, according to CNNMoney.com, more than $100 cheaper than the all-time high of $147.27 recorded in mid-July.
Prices are averaging three dollars per gallon or less in all nine of EIA’s geographical regions. The most expensive area for diesel fuel continues to be New England, where it averaged $2.85 per gallon. The least expensive area is the West Coast, where it averaged $2.42 per gallon.