Diesel down to $2.177 this week

Diesel down to $2.177 this week

Tumbling oil prices continue to drive down fuel costs, with diesel posting a ninth consecutive weekly decline.

The average U.S. retail pump price for diesel was down 3.4 cents in the Jan. 11 report by the Energy Information Administration (EIA), to $2.177 per gallon. The price is about $0.88 per gallon cheaper than this time last year and the lowest price since March 2009.

Prices were down in every region of the country, paced by the Rocky Mountain region where a gallon of diesel was down 5.7 cents $2.134.

The West Coast less California saw a 4.5 cent decline to $2.258. Otherwise, California registered 3.3 cent fall to $2.562, still the highest price in the contiguous 48 states.

New England reported a 0.9 cent drop to $2.335, while the diesel price fell  4.1 cents in the Central Atlantic to $2.35, and 2.7 cents in Lower Atlantic region to $2.116.

In the Midwest price was down 3.4 cents to $2.096 and the Gulf Coast reported a 3.4 cent drop to $2.08, the lowest price for a gallon of diesel in the nation. 

The national average price for gasoline fell below two bucks, down 3.2 cents to $1.996.

TAGS: News Fuel
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