Diesel down 3.2 cents this week

Diesel down 3.2 cents this week

This week, average U.S. diesel prices dropped 3.2 cents to $2.782 from last week’s $2.814, according to the Energy Information Administration (EIA). This week’s price is $1.087 per gallon cheaper compared to the same week last year.

Diesel prices decreased in every region, with only two areas breaking the $3 per gallon mark:

  • California, down 2.2 cents to $3.111 per gallon

  • The West Coast including California, down 3.3 cents to $3.004

Average U.S. retail pump prices for gasoline decreased by 3.2 cents this week to $2.802 per gallon. According to EIA, that is 79.1 cents cheaper compared to the same week last year.

Gasoline prices increased in three regions this week: the West Coast including California, up 1.5 cents to $3.604; the West Coast without California, up 1.3 cents to $3.098; and the Rocky Mountains, up 2.3 cents to $2.841.

This week, West Coast spot prices for conventional gasoline increased sharply, according to EIA. Prices fell slightly on the Gulf Coast and remained flat on the East Coast, EIA said.

Los Angeles prices increased nearly 90 cents per gallon between July 6 and 13, the agency noted, while San Francisco and Portland, OR, prices increased 24 cents per gallon and 5 cents per gallon, respectively.

“This most recent price results from a delay in receipts of waterborne imports of gasoline blending components and a decrease in total motor gasoline inventories within an already constrained supply chain,” according to EIA.

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