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Diesel drops again

April 23, 2013

U.S. retail diesel fuel pump prices declined again this week, along with retail pump prices for gasoline as well, though data collected by the Energy Information Administration (EIA) indicated gasoline pricing feel by only an extremely small amount.

According to the EIA, U.S. average retail pump prices for diesel fell 5.5 cents this week to $3.857 per gallon, which is 19.8 cents per gallon cheaper compared to the same week in 2012. Diesel prices dropped in every region of the country, with only New England ($4.027) and California ($4.079) the only areas where diesel remains above the $4 per gallon mark.

The U.S. average retail pump price for gasoline, however, only declined 6/10ths of a penny to $3.536 per gallon this week, though that’s 33.4 cents per gallon cheaper compared to the same week in 2012, EIA noted.

The agency added that retail pump prices for gasoline declined in every region of the U.S. except for the Midwest, where prices increase 9 cents to $3.546 per gallon. 

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