Diesel decline hits 7 weeks in a row, price average falls to $2.81
For the seventh week in a row, diesel prices across the U.S have slipped, according to data tracked by the Energy Information Administration (EIA).
The average U.S. retail pump price for diesel was down 1.8 cents in the July 13 report, to $2.814 per gallon. That’s about $1.08 per gallon cheaper than this time last year, and about 32 cents less than the first week of January and the lowest price since late April.
Diesel prices were down in all regions except the Rocky Mountains, which saw a 0.2 cent increase to $2.787.
Both coasts saw big decreases: Diesel was down 5.9 cents on the West Coast (less California) to $2.919; the Central Atlantic region was down 3.5 cents to $3.038; and New England was down 3.1 cents to $3.029.
The price of a gallon of diesel dipped 2 cents in the Midwest region $2.704, the lowest diesel price average in the country. The Gulf Coast, which saw a 0.4 cent decline, is close behind at $2.708.
The highest price for diesel in the contiguous 48 states remains in California, where the price for the week was $3.133, down 0.9 cents.
About the Author
Kevin Jones
Editor
Kevin has served as editor-in-chief of Trailer/Body Builders magazine since 2017—just the third editor in the magazine’s 60 years. He is also editorial director for Endeavor Business Media’s Commercial Vehicle group, which includes FleetOwner, Bulk Transporter, Refrigerated Transporter, American Trucker, and Fleet Maintenance magazines and websites.
Working from Beaufort, S.C., Kevin has covered trucking and manufacturing for nearly 20 years. His writing and commentary about the trucking industry and, previously, business and government, has been recognized with numerous state, regional, and national journalism awards.