Image

Diesel drops while gasoline rises, EIA says

March 23, 2015

Average national retail pump prices for diesel and gasoline went in different directions this week, according to data tracked by the Energy Information Administration (EIA).

The national average for diesel declined 5.3 cents this week to $2.864 per gallon, the agency reported, which is $1.124 per gallon cheaper compared to the same week in 2014.

Diesel dipped down in every region of the country, with five remaining above the $3-per-gallon mark, EIA noted:

  • The East Coast at $3.207 per gallon, down 5.5 cents from last week;
  • New England at $3.20, down 7 cents;
  • The Central Atlantic at $3.231, down 8 cents (which is the largest drop for diesel prices in the nation this week);
  • The West Coast at $3.001, down 6.3 cents, though that changes to $2.815 and 7.9 cents, respectively, with California removed from the mix;
  • California at $3.152, down 5 cents from last week.

The national average for gasoline inched up 4/10ths of a penny this week to $2.437 per gallon, EIA said, though that is $1.092 per gallon cheaper compared to the same week in 2014.

Gasoline prices increased in just two regions this week; the Rocky Mountains, up 1.5 cents to $2.303 per gallon, and the Midwest, up 10.6 cents (the largest one-week jump in regional gasoline prices this week in the nation) to $2.391.

The West Coast when including California’s prices is the only region in the country where gasoline is over the $3-per-gallon mark, though prices fell 6.9 cents – the largest decline recorded for gasoline in the U.S. this week – to $3.047.

With California removed from the mix, though, the average price for gasoline on the West Coast dropped 3.6 cents to $2.667, EIA noted.

About the Author

Sean Kilcarr | Editor in Chief

Sean previously reported and commented on trends affecting the many different strata of the trucking industry. Also be sure to visit Sean's blog Trucks at Work where he offers analysis on a variety of different topics inside the trucking industry.

Voice your opinion!

To join the conversation, and become an exclusive member of FleetOwner, create an account today!

Sponsored Recommendations

Leveraging telematics to get the most from insurance

Fleet owners are quickly adopting telematics as part of their risk mitigation strategy. Here’s why.

Reliable EV Charging Solution for Last-Mile Delivery Fleets

Selecting the right EV charging infrastructure and the right partner to best solve your needs are critical. Learn which solution PepsiCo is choosing to power their fleet and help...

Overcoming Common Roadblocks Associated with Fleet Electrification at Scale

Fleets in the United States, are increasingly transitioning from internal combustion engine vehicles to electric vehicles. While this shift presents challenges, there are strategies...

Report: The 2024 State of Heavy-Duty Repair

From capitalizing on the latest revenue trends to implementing strategic financial planning—this report serves as a roadmap for navigating the challenges and opportunities of ...