Average US price of diesel dipped US$0.049 in latest week to US$4.086 per gallon, but prices are still US$0.30 higher than a year ago: EIA
GRAIN VALLEY, Missouri
September 25, 2012
(Land Line magazine)
– Although the U.S. Energy Information Administration reports the national average price of diesel dropped 4.9 cents over the past week to $4.086, prices are still 30 cents over the same week last year.
The largest decrease was 8 cents in California, which reported the highest cost per gallon at $4.386. The lowest pricing was in the Gulf Coast at $3.995, the first time a region has seen diesel below $4 since the week ending Aug. 20.
The price of diesel as reported by EIA on Sept. 24 for each region is as follows:
U.S. – $4.086, down 4.9 cents
East Coast – $4.092, down 3.3 cents
New England – $4.191, down 2.4 cents
Central Atlantic – $4.170, down 2.6 cents
Lower Atlantic – $4.015, down 4.1 cents
Midwest – $4.017, down 6.3 cents
Gulf Coast – $3.995, down 3.3 cents
Rocky Mountain – $4.228, down 2.8 cents
West Coast – $4.323, down 7.6 cents
West Coast less California – $4.249, down 7.2 cents
California – $4.386, down 8 cents
ProMiles, which surveys diesel prices daily at 9,400 truck stops, reported diesel prices at $4.094 per gallon on Monday, down four-tenths of a cent over Sunday, and down 5.8 cents over a week ago. New Hampshire showed the biggest drop at 3.3 cents overnight.
In separate energy news, midday trading in New York showed light sweet crude oil prices at $91.96, down 93 cents over Friday and down $3.96 over this past Monday. Light sweet crude is the type most commonly associated with diesel production.