Diesel dips, but less than a penny

For the third consecutive week, diesel prices didn’t do much. The average U.S. retail pump price for diesel fell less than a penny (0.9 cents, to be precise) in the Nov. 7 report by the EIA, to $2.47 per gallon. The price has held within a penny of that since mid-October, and that’s also about three cents cheaper than this time last year.

For the third consecutive week, diesel prices didn’t do much.

The average U.S. retail pump price for diesel fell less than a penny (0.9 cents, to be precise) in the Nov. 7 report by the Energy Information Administration (EIA), to $2.47 per gallon. The price has held within a penny of that since mid-October, and that’s also about three cents cheaper than this time last year.

No region saw a change of even two cents, with the West Coast, less California, posting a 1.8-cent gain to $2.673, and the Central Atlantic ticking upward 0.01 cents to $2.584. New England broke even at $2.502.

Prices were down, though not by much, in the rest of the Lower 48:

  • -0.04 cents in the Lower Atlantic ($2.341 per gallon)
  • -1.8 cents in the Midwest ($2.425)
  • -0.09 cents in the Rocky Mountain ($2.532)
  • -1.3 cents on the Gulf Coast ($2.34, still the lowest price for a gallon of diesel in the country); and
  • -1.5 cents in California ($2.84, the highest price in the country).

The national average price for gasoline rose 0.3 cents for the week to $2.233.

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